The U.S. Department of Housing & Urban Development (HUD) recently updated its Section 8 Income Limits and released income limits for tax credit and tax-exempt bond projects.
One major change: HUD has eliminated its hold-harmless policy in the 2010 limits. Projects placed in service after May 14 will be affected.
Thanks to the newest sponsor of the 2010 Vermont Statewide Housing Conference, coming Nov. 18: