News
1st Quarter Software Release Update
Housing and Development Software will be releasing updates for the HDS Loan Servicing Portfolio Management, HDS Multifamily Management and HDS Contract Administration Systems in the coming week. Each update has a significant change impacting the compliance and...
IRS Temporary and Final LIHTC Compliance Monitoring Regualtions
The Internal Revenue Service (IRS) is revising the rules for physical inspections and review of certifications today, 2/25/2016. These are final and temporary regulations relating to low-income housing tax credit (LIHTC) compliance monitoring and propose changes that...
HUD Announces an Industry Day for those interested in competing for the new PBCA contract
On February 11, HUD has announced a PROJECT BASED RENTAL ASSISTANCE (PBRA) INDUSTRY DAY to be held on Friday, February 26 from 9:30am to 4pm. In addition to HUD Headquarters, interested parties may attend at HUD offices in San Francisco, Fort Worth, Chicago, Atlanta...
HUD Notice on the Passbook Savings Rate
HUD has published a notice concerning the 2016 passbook savings rate effective 2/1/2016. The rate is unchanged from last year and remains at 0.06% (0.0006). See HUD Notice 16-01. The rate is also applicable to Low Income Housing Tax Credit certifications. This means...
PBCA Recompete as a Procurement
After a period during which it seemed that the start of the recompete could be some time off, all of a sudden there appears to be a sense of urgency at HUD. At the recent NCSHA meeting HUD expressed the goal to have the new PBCAs in place this coming Fall/Winter. HUD...
eLearning Program is back for 2016
Good Afternoon HDS Clients, HDS is excited to announce our eLearning Program is back for 2016. Our goal is for our clients to attend and learn how to utilize each tool to its full capability. eLearning sessions have now been scheduled and are available for...