New RIHousing Program Bulletin Regarding Reporting Noncompliance

RIHousing has released a new program bulletin that outlines changes to 8823 reports of noncompliance for LIHTC Properties. This new policy concerns responses to annual LIHTC tenant file reviews and physical inspections.

Learn more by reading the program bulletin on our website: www.rihousing.com/property-managers-owners.

New Fiscal Year 2025 Fair Market Rents Published

HUD has published new Fair Market Rents (FMR) for FY2025. To view them, click here and search for Rhode Island to view both county and statewide FMRs.

HOTMA Delayed until July 2025

HUD has issued a notice delaying HOTMA for Multifamily programs, pending the release of TRACS 203A. The new deadline is July 1, 2025. Read HUD's notice here.

If you questions about the new deadline, HUD encourages you to contact MFH_HOTMA@hud.gov. 

HUD Releases New Guidance on NSPIRE 

HUD has received feedback that Public Housing Authorities (PHAs) and Property Owners/Agents (POAs) have been experiencing issues when submitting appeals in the NSPIRE IT system.

To address this, HUD has made a Technical Review Guidance document available that provides a summary of the basis for technical review along with instructions for how to submit an appeal.

Visit HUD's NSPIRE website to view this document as well as other NSPIRE resources.

Update on Recent Changes to Landlord/Tenant Laws

The 2024 General Assembly resulted in changes to several laws involving landlords and tenants. We've provided a summary on those changes that may affect affordable housing owners and property managers.

Click here to read the summary. This update is provided for informational purposes only. We always encourage you to consult your own legal counsel regarding how laws may affect properties you manage. Please contact Amy Rainone at arainone@rihousing.com with any questions.

HUD Publishes New PBCA Forms

In August, the Office of Multifamily Housing Programs updated a series of forms required for Multifamily Section 8 Programs, including HAP contract forms. These new documents can be accessed through this HUDCLIPS link.

You can also view this HUD bulletin to see a list of approved forms.

If you have questions about updates to the forms or related topics, HUD encourages you to contact Jennifer Lavorel at: Jennifer.C.Lavorel@hud.gov or AssetManagementPolicy@hud.gov.

Reminders:

• UPDATE your property contact information! Have you had staffing changes? Please ensure your property’s contact information remains current and accurate with this easy to use form.

We'd love to hear from you!

To provide suggestions for information you would like to see in future Property Matters E-News, please email Kathy Millerick at kmillerick@rihousing.com.