Social Security Update 10/30/2017

Recent Updates For Compliance Monitoring:

If you have questions regarding the information below, please call (517) 241-2560 or email our Compliance Monitoring Division.

Social Security Increase:

The following information was issued by MSHDA on October 30, 2017:

  • A Memorandum from MSHDA, dated October 30, 2017, explaining Social Security increased 2% for 2018:
    MSHDA Memo 10/30/2017
  • News Release from the Social Security Administration, dated October 13, 2017 announcing Social Security increased 2% for 2018:
    News Release 10/13/2017

NOTE: Properties using EIV have different requirements for adding the Social Security COLA increase; please refer to HUD Handbook 4350.3 Chapter 9-6.B1. Please check with your program administrator if you are unsure of these requirements.