News | New Deadline for HOTMA implementation for HUD MFH Programs - likely a big LIHTC impact, too!
Sep 20, 2024
Read the HUD Notice HERE.
HUD has issued a Notice delaying HOTMA for Multifamily programs, pending the release of TRACS 203A. The previous deadline to come into compliance from the most recent version of HUD Notice H 2023-10 was January 1, 2025. The new deadline is July 1, 2025.
Although state LIHTC agencies may vary on this, most states allowed the January 2025 implementation for HOTMA and these will likely move to the July HUD standard for LIHTC properties.
HUD CPD guidance for HOME, the NHTF, and other HUD grant programs is still pending.
Attention State Agencies! New feature!
This year's Compliance Professionals Event has breakouts for state personnel only to address your specific needs with expert state executive, Matt Rayburn. Discuss your compliance needs in a safe environment with only other state personnel!
There is a very good chance that the topic of this post is covered in an online on-demand course at Costello University.
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