Affordable Housing Connections
April 2020 Newsletter
Introducing our New Board Members!
Curt Trisko is an attorney at McGrann Shea Carnival Straughn & Lamb, Chtd. in Minneapolis. He specializes in real estate and low income housing. His clients include several public housing agencies across the state of Minnesota. His career has taken him to New York City and northern Minnesota before bringing him back to the Twin Cities where he currently resides and practices.
Curt has a B.A. from the University of Minnesota and J.D. from the University of Minnesota Law School. Aside from being a board member of AHC, Curt also serves on the board of a practice section of the Minnesota State Bar Association. He also donates his time and expertise to underserved clients as part of the Volunteer Lawyers Network.
Curt lives in Northeast Minneapolis with his girlfriend and enjoys backcountry backpacking, swimming, cycling, and running. His team won the Trivia Mafia 2017 Tournament of Champions. He is active in the Minnesota music community as a pedal steel guitarist.
At the Met Council, Keogh’s work included administration of the housing assistance programs, asset management of council-owned units, She also provided direction and vision for the HRA’s Mobility Counseling and Outreach team. Prior to her work at the Met Council, she was the Director of Housing Assistance at the Dakota County Community Development Agency.
Jennifer is passionate about housing. She serves as the National Legislative Chair for the National Association of Housing and Redevelopment Officials. In addition, she is a "master in conflict resolution" as she is a mother to a 13 and 12 year old. Jennifer is a self-proclaimed foodie and enjoys spending time in the kitchen preparing meals for family and friends. She is a former marathon runner who also stays active through her Peloton bike and yoga.
PY2020 Multifamily Income & Rent Limits
On March 31, 2020, HUD released the 2020 Income Limits. HUD simultaneously released Multifamily Tax Subsidy Program income limits for 2020, which are used to determine eligibility for low-income housing tax credit and tax-exempt bond properties.
To access the new income limits, visit the HUDUser web site at https://www.huduser.gov/portal/datasets/mtsp.html.
On April 15, 2020, Minnesota Housing published income and rent limits by using HUD’s revised income limits to compute new tables for FY2020. You can locate the 2020 income and rent limits on Affordable Housing Connection’s website or click here to be directed to the site. Per HUD, these limits have an effective date of April 1, 2020.
Please take Notice: Minnesota Housing specifies these are not official Treasury income limits; however, they have been calculated in accordance with anticipated treasury standards. Calculations of the 30% to 45%, 55% and 60% income limits were extrapolated using the HUD-published 50% income limits with no rounding.
In accordance with IRS requirements, rent limits are based on an imputed formula of 1.5 persons per bedroom. For example, to calculate the one-bedroom rent limit: add the one person income limit to the 2 person income limit, divide by two, multiply by 30% and divide by twelve. Rent is gross rent, which includes utilities paid by the tenant and other non-optional charges.
There is a forty-five (45) day grace period from the effective date to when the income and rent limits must be implemented.
Should you have questions surrounding these newly published limits at your Affordable Housing Connections monitored property, please contact AHC here for further information.
AHC's Response to Questions Regarding COVID-19
With the COVID-19 outbreak and social distancing measures ongoing, we will continue to answer questions regarding Initial and Annual Recertification, verification and finalization of Tenant Income Certification and any physical inspections already scheduled.
Yesterday communication regarding AHC’s responses to questions regarding COVID-19 was shared. To be added to this email list, please click here. For quick reference AHC’s Q&A on COVID-19 can be found on AHC's website (ahcinc.net) or click here!
AHC is Social Distancing
Physical inspections and File Reviews have been postponed until at least the end of April at which time we will review and adjust our procedures if and as needed.
If you have any questions regarding your specific sites, please contact your portfolio lead for more information. If you are not sure who your portfolio lead is, please contact Stephanie Newburg for HOME projects and Jennifer Schenck for LIHTC projects. We will continue to update our website and this document as the COVID-19 situation unfolds.
April is Fair Housing Month!
HUD offers FREE online training on Preventing and Addressing Sexual and other Discriminatory Harassment in Housing.
This training will help you understand how sexual harassment in housing violates the Fair Housing Act and identify ways to prevent and eliminate harassment when it occurs. To register for the training, Click Here.
Other Resources for Fair Housing:
Fair Housing FAQs: