Transcript
Understanding Your Forecast: Rent and Operating Expense Trends MODERATOR PANELISTS
Blair Kincer Novogradac & Company LLP
John Parreco NFAHS Inc.
Zenzi Reeves Riverside Capital LLC
Change in HUD-Published MTSP Limits 2015-2016 for New Projects
Counties with Increase
35.7%
Counties with Decrease
57.5%
6.8%
Counties with No Change 2.5% to 5%
0.01% to 2.49%
No Change
-2.49% to -0.01%
-5% to -2.5%
Changes in AMI
Adjustments/ VLI Drivers
MTSP Limits/VLI
Changes in MTSP Limits
FY 2016 HUD Income Limits
Briefing Material
Income Limits Determinations for FY 2016 Very Low Income Limits
Equal to 50% AMI
State Median Income Area
High Housing Cost Area
Low Housing Cost Area
5% Floor
5% Cap
61% of areas were adjusted
By population
46%
19%
13%
8% 14%
0%