On June 25, the U.S. Department of Housing and Urban Development published a final rule making changes to the Section 8 tenant-based and project-based voucher programs made by the Housing and Economic Recovery Act of 2008. The final rule, effective July 25, 2014, makes numerous clarifications and revisions to the proposed rule that was published in May 2012, including provisions relating to the interaction of rules for the Section 8 programs and the low-income housing tax credit program. HERA made a number of changes to make the HUD and LIHTC programs work better together.
Click here to read the full rules and regulations.