lihtc compliance checklist

Housing Trust Fund (HTF) Income Limits 2022 Housing Trust Fund (HTF) Income Limits 2022 Download Compliance: Income and Rent Limits Housing Trust Fund (HTF) Rent Limits 2022 Housing Trust Fund (HTF) Rent Limits 2022 Download Compliance: Income and Rent Limits HOME Income Limits 2022 HOME Income Limits 2022 Download Streamlined Monitoring Procedures Overview - (4.4) Household Composition Issues, Income & Asset 4 | (10.3) Owner Certifications and Commitment About 80% of the 4,000 companies Lincoln tracks experienced revenue growth for 2022, and 60% grew earnings (EBITDA) for the year. s The Department of Housing and Community Development (DHCD) determines which: Low-income housing projects will qualify for the credit. 01/19Change in System Contact Form(Word). Small Business Accounting Checklist - This accounting checklist document is helpful for the accountants, bookkeepers, and Priorities First, Inc Business/Self Employed Tax Preparation Checklist Business Tax Preparation Tips - If you are a business owner, proficiency in tax preparation is of utmost importance. 0 0 18 18 re endstream endobj 171 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream endstream endobj 149 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream s 0 0 18 18 re Ltd. purchased machinery worth 9,00,000 (excluding GST) on 20-07-2017 on which it paid GST @ 18%. Rev 02/2009, Differences Between Tax Credits and Bonds (PDF) Rev 11/2014, Income & Asset Verification Summary Chart (PDF) Rev 07/2016, HUD Occupancy (12.1) Introduction 0 Revised August, 2019: Disaster Area Temporary Relief / added link to LIHTC compliance web page that contains the following: 1. Request in-depth assistance with implementing a HUD-funded program. (3.6) Housing for the Elderly Doc Title. hb``f``d Determining Income and Calculating Rent (PDF), Chapter 5, Appendix 3:Acceptable NIFA performs desk audits, inspects housing, and reviews tenant files. We offer health, vision, dental, and pet insurance. (5.9) Alimony and Child Support Fax: Current Rules Compliance Monitoring Rule - Texas Administrative Code Title 10 Chapter 10 Subchapter F (Secretary of State website) (effective 11/03/2022) IRS Form 8693- Low Income Housing Credit Disposition Bond Grantees are encouraged to adapt the suggestions to fit the resources within their individual communities and to meet the needs of their program. \` ,u - RD may wage match periodically (If available in . endstream endobj 110 0 obj <>/Subtype/Form/Type/XObject>>stream 1 g Recertification Elimination Forms Find award and allocation amounts for grantees by year, program, and state. Information for Real Estate Professionals 01/05/2023MSHDA 2022 Annual Certification Year End Reporting Memorandum, 12/19New MSHDA Inspection Requirements Memorandum Multifamily Capital Fund Initiative FAQs and 2023 Qualified Allocation Plan and Multifamily Rental Financing Program Guide Revision -- Update and Schedule for Listening Sessions. Compliance Forms Checklist (PDF) Rev LIHTC Compliance Manual REVISION LIST. f Development Information Forms | \` ,u (11.2) Initial Resident Qualifications 1 g s (3.4) Housing for the Homeless Tax credit compliance monitoring for those projects will be done by the entity that first allocated credits to the project unless the allocators make other arrangements regarding the project. (5.1) Summary Compliance Forms Home Compliance Forms Compliance Forms Property managers or owners of OHFA-funded communities need to complete various forms in order to certify your residents are qualifying for housing. 0 0 18 18 re @D)YolE;a!.(X7pId>Y]8{x y$=/KOPc4 > s See Developments Currently Eligible for a Qualified Contract Request. endstream endobj 166 0 obj <>/Subtype/Form/Type/XObject>>stream 0.75293 g TheDevelopment Owner agrees to indemnify, defend and hold NIFA harmless with respect to the use of information submitted with respect to the Development. Income Inclusions and Exclusions (PDF), Utility Allowance Procedures for LIHTC Properties (PDF), A. WSHFC endstream endobj 134 0 obj <>/Subtype/Form/Type/XObject>>stream Strategic thinking: A CFO must have a deep understanding of the organization's strategic objectives and align the finance function accordingly. Input Tax Credit - CA Inter Tax Study Material is designed strictly as per the latest syllabus and exam pattern. In addition to the above, theDevelopment Owner must agree to the following requirements: DevelopmentOwner Certifications and Commitment. 0 0 18 18 re LIHTC Management Capacity Certification Form H endstream endobj 143 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream 2023 LIHTC Compliance Virtual Workshop #1; 2023 LIHTC Compliance Virtual Workshop #2; . 0 0 18 18 re @D)YolE;a!.(X7pId>Y]8{x y$=/KOPc4 > WBARS 20,000. (11.2) Qualifying for the Waiver Powerpoint (PDF) endstream endobj 148 0 obj <>/Subtype/Form/Type/XObject>>stream (10.4) Three-Year Period Physical Inspection Forms 10/17Compliance Officer Customer Service Survey(PDF) Using HUD's inspection protocol for tax credit properties is more than just doing a REAC Inspection. L State Requirements (PDF) Rev 09/2019 C | The Internal Revenue Service (IRS) Low Income Housing Tax Credit is available under Section 42 of the Internal Revenue Code. H s s 0.75293 g endstream endobj 109 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream (5.5) Outside Agency Verifying Income Owners of LIHTC properties are required to comply with the annual reporting and payment requirements outlined below. Sample Pro-forma - Non-Habitat. The course is customized to highlight Nebraska state specific policies and procedures in addition to federal requirements. (5.18) Mortgage or Deed of Trust Bond Compliance Manual 0 0 18 18 re endstream endobj startxref Contact Us (PDF) Rev 04/19/2022 (5.13) Annuities 10 | f Sections 3.4, 3.5, & 3.7. 01/19Notice of Building Casualty Loss or Damage(PDF) endstream endobj 152 0 obj <>/Subtype/Form/Type/XObject>>stream 1998-2018 All Rights Reserved, 1000 2nd Avenue, Suite 2700, Chapter 5, Exhibit 2: Assets (PDF), Utility Allowance Procedures for LIHTC Properties (PDF) to Tax Credit projects underwritten for that program unless adjusted for the New Pilot in separate guidance. endstream endobj 132 0 obj <>/Subtype/Form/Type/XObject>>stream Inspections 1D)Yw )z yTsRiu}aJM~Xav?>hY'$8h5Zveq H s (11.4) Record Retention 01/23NSP Rent and Occupancy Report (for NSP Projects Only)(Excel), 01/23HTF Rent and Occupancy Report(PDF) The one year period begins once this step is complete. 8 | Careers |Commissioners | Contact Us 10/17Auditor-Inspector Customer Service Survey(Word) 01/19Change in System Contact Form(PDF) \` ,u LIHTC Projects for Sale Under Qualified Contract For 9% Tax Credit Allocation Developments: Margaret Feml, Asset Management Unit Phone (518) 486-6273; Fax (518) 486-3366 NYS Homes & Community Renewal The Hampton Plaza 38-40 State Street, Albany, NY 12207 9% Developments for Sale through Qualified Contract: None at this time f 0 0 18 18 re H NCHM is the best source for LIHTC Certification through Tax Credit Specialist (TCS), the premier accreditation program in the industry, delivered online by leading experts. You should always consult with your retained professional advisor(s) concerning your particular circumstances. (2.4) Suitable For Occupancy List theDevelopment for sale with a qualified sales agent or attorney who is qualified to sell affordable multifamily housing developments. @D)YolE;a!.(X7pId>Y]8{x y$=/KOPc4 > The Tax Credit Compliance Procedures Manual was designed to give property owners and managers step-by step instructions on how to fulfill compliance requirements if Commission-issued low-income housing tax credits were used to finance a property. (5.2) Verification Provide access to the Development during regular business hours for inspection by NIFA and prospective purchasers of the Development. (10.2) Qualified Contract Packet Materials (7.3) Delays in Making a Unit Suitable for Occupancy 0.75293 g (10.2) Fees @D)YolE;a!.(X7pId>Y]8{x y$=/KOPc4 > IRS Form 8823- Low Income Housing Credit Agencies Report of Noncompliance. 08/20Notice Of Change In Ownership(Word) (3.3) Large Households F | These are some of the checklists that Compliance Monitors use when they perform onsite monitoring visits at TDHCA administered properties. 0.5 0.5 17 17 re Lincoln, NE 68508-1402. K | Income verifications are in compliance with methods required by state, federal, city and/or county polices . EMC 2 | (9.1) Summary H /Tx BMC 0.5 0.5 17 17 re endstream endobj 146 0 obj <>/Subtype/Form/Type/XObject>>stream endstream endobj 116 0 obj <>/Subtype/Form/Type/XObject>>stream (Link to IRS: see Search Forms and Publications), Life Cycle of a 0.5 0.5 17 17 re (9.2) Transfers to Owners with No Previous Tax Credit Experience PowerPoint Slides (PDF), Post-Year 15 Streamlined Monitoring Procedures Overview - Recorded Webinar (MP4 0.5 0.5 17 17 re (5.14) Student Income They are solely responsible for documents and information provided to NIFA and to prospective purchasers. "Jcl~Q'16I"Fe\rIi "&.#"N6s 8.:J`D(lJ" yHH The Federal Low-Income Housing Tax Credit was created by the Tax-Reform Act of 1986 and extended by the revenue Reconciliation Acts of 1989 and 1992 in order to encourage the private sector to invest in the construction and rehabilitation of housing for low- and moderate-income families. cA ib@3dC[a!!yY g`Y"R*^4an'9hAd iJ>+3h{xzyjbz-Z7.TizJl}r:rBIb050 To qualify, the taxpayers must invest in a qualified low-income housing project located in Massachusetts. 118 71 205. (10.4) Marketing by the Commission (3.7) Double Counting HOME |SITE The IRS requires that Tax Credit monitoring agencies use the UPCS Inspection Protocol to monitor the physical standards of LIHTC and HOME properties. (7.1) Noncompliance with State Requirements f The following forms are for use in creating tenant files: 10/08Affidavit of Income Self Certification(PDF) The Low-Income Housing Tax Credit (LIHTC) program (also known as Section 42) is the federal government's primary method of funding new affordable rental housing in the USA. 0.5 0.5 17 17 re endstream endobj 170 0 obj <>/Subtype/Form/Type/XObject>>stream LIHTC PROGRAM COMPLIANCE CHECKLIST HOME PROGRAM COMPLIANCE CHECKLIST (Use a separate Checklist per Applicant/Tenant) NAME: Phone #: Unit # PRELIMINARY ELIGIBILITY DETERMINATION Required Completed Completion of Applicant/Tenant Questionnaire Explanation of HOME Program and Requirements Rental Application Completed and Approved Search for a specific grantee and view itsawards, contact information, and reports, and more. s H (5.15) Income from Assets Question 1. H To accept cookies and close this box, click I agree. s 1 g E-News monthly newsletter. f 01/05Income Certification for 125-150% AMGI(Word), 11/13HUD 50058Sample Form NIFAs actions or failure to act on these procedures does not constitute a waiver of the requirements of Section 42. \` ,u HUD may conduct a review of the recipient agency to determine compliance. endstream endobj 138 0 obj <>/Subtype/Form/Type/XObject>>stream s 0.75293 g endstream endobj 112 0 obj <>/Subtype/Form/Type/XObject>>stream The credit note should be issued for the excess value of supply charged in the invoice, i.e. (5.12) Pensions, Veteran's & other Periodic Benefits Sections 3.2 & 4.2.B. endstream endobj 106 0 obj <>/Subtype/Form/Type/XObject>>stream The notification letter also states that the owner should not include any nonqualified low income housing units when computing the LIHTC under IRC 42 and that the noncompliance may result in the recapture of previously claimed credits. Hope Manor (Chicago) The Low Income Housing Tax Credit (LIHTC, Housing Credit) is a dollar-for-dollar federal tax credit for affordable housing investments. Once complete and proper notice has been received, NIFA has one year to find a buyer for the project at a pre-determined price, not to exceed the Qualified Contract Price (QCP). E-09 Administrative Record. | Publications | (2.17) Compliance Affordable - Use Periods Chapter 5, Appendix 3:Acceptable 333 N. 1st St., Suite 305 Jacksonville Beach, FL 32250, HUD Compliance Tax Credits Property Management, My Account Contact Us Certificate Request eHotline About NCHM News Careers ___________ Cancellation Policy Privacy Policy Program Terms & Conditions Nondiscrimination Policy Return Policy Terms of Use, Copyright 2020 NCHM, All Rights Reserved | Web Design and Development by Envy Creative, Certified Occupancy Specialist Advanced (COSA), Enterprise Income Verification Specialist (EIVS), Certified Manager of Senior Housing (CMSH), 1PM-5PM Eastern each day with a live instructor and teaching assistant, One week to take exam; results delivered week after exam window closes, Course Materials Delivered Directly To Participants, Textbooks and shipping included in course fee, Certificate available immediately upon release of grades; inclusion in NCHMs National Registry. A. WSHFC Low Income Housing Tax Credit Check List for Annual Compliance Packages This check list must be used when submitting compliance packages to the Agency for approval. Find answers to frequently asked questions. 80/20 Bonds | 501(c)(3) EMC E-09 Case Study Example. endstream endobj 107 0 obj <>/Subtype/Form/Type/XObject>>stream H A detailed set of digital photographs of the Development, including the interior and exterior of representative apartment units and buildings, and the Development's grounds. s Delivered Online Over Four Days1PM-5PM Eastern each day with a live instructor and teaching assistant, Online Certification ExamOne week to take exam; results delivered week after exam window closes, Course Materials Delivered Directly To ParticipantsTextbooks and shipping included in course fee, Certification Issued Upon PassingCertificate available immediately upon release of grades; inclusion in NCHMs National Registry. Income/asset verifications and other forms. managers step-by step instructions on how to fulfill compliance requirements if endstream endobj 169 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream DCA has published the new LIHTC & HOME Compliance Manual. 1 g Move-In Master File Checklist- LIHTC PPMG 17a PPMG. H (12.3) Household Transfers IRS Form 8586- Low Income Housing Credit Information about the Pass-Through Bond Program, Information on Direct Lending Parameters, Gap Financing Programs, Equity Bridge Loan Program, Notice of Intent to Apply, LIHTC Application and Exhibit Requirements for Direct Lending Programs, Other Information (Mortgagor and Contractor's Cost Certification Guide and forms, HOME Subsidy Limits, Direct Lending Intake Forms, Contractor Requirements, and the Modified Pass-Through Program), Parameters, Standards of Design for Preconstruction manual and forms. 01/23LIHTC/1602/TCAP Owner's Certification of Continued Program Compliance (PDF), 01/23LIHTC/1602/TCAP Owner's Certification of Continued Program Compliance(Word), 01/23HOME/NSP Owner's Certification of Continued Program Compliance(PDF) See Developments Currently Eligible for a Qualified Contract Request. (12.3) Annual Reports endstream endobj 131 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream Exhibit F Bond Process Checklist. Federal Low Income Housing Tax Credit A significant change in the method by which the federal government assists the development of affordable housing was born with the passage of the Tax Reform Act of 1986. (3.2) Additional Low-Income Housing Commitments \` ,u \` ,u 01/23HTF Rent and Occupancy Report(Excel), 01/18Utility Allowance Documentation(PDF) 03/20 Request To Eliminate Re-certifications(PDF) endstream endobj 155 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream Proposed Ownership Entity Certification (4.4) Changes in Rent Limits (3.7) Farmworker Housing 02/11Ownership Entity Information Form(Excel), Optional - for property use only: (1.5) Restricted Rents (6.1) Owner Annual Certifications endstream endobj 111 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream 0.5 0.5 17 17 re (3.1) Introduction . In order toreceive pointsontheLIHTCapplicationyou must attend the Compliance Training. Loan sizing ratios under 220, 223 and 231 are provided, and these apply to Tax Credit projects underwritten for each program unless adjusted for the New Pilot in separate guidance. Q, Introduction HUD may conduct a review of the recipient agency to determine compliance. Tax Credit Compliance Procedures Manual was designed to give property owners and 03/14Owners Certification of Completion of Repairs(Word) Be the first to know! f endstream endobj 147 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream (9.9) For Changes to Limited Partner or Upper Tier Member please provide 206-587-5113 | Contact Us (4.4) Restricting Up-Front Charges Any opinions or conclusions expressed by any third party should not be construed as opinions or conclusions of Novogradac. 12 | f M | Housing Bonds |Special Programs: (4.3) What Constitutes Rent CDBG Application Handbook (REV March 2020 corrected) CDBG Administration Handbook 2014. . endstream endobj 159 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream Use this form to create a record of your income and rent limits along with the income and asset calculations for each household. %%EOF (11.5) Fulltime Student Households Rev 02/2009, Sample Utility Allowance Schedule (PDF)Rev 02/2009, Public Housing Authorities Link Rev 02/2009, Forms ~ State; IRS Forms endstream endobj 123 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream 6 | (9.3) Fees 1D)Yw )z yTsRiu}aJM~Xav?>hY'$8h5Zveq /Tx BMC 1 g (5.16) Types of Assets The borrower MUST review the circumstances of the tenant quarterly. (7.3) Properties Approved for Post-Year 15 Monitoring Procedures or 0.5 0.5 17 17 re Verification Checklist can be used for this documentation. (5.8) Non-Wage Income (1.6) Additional State Rules items 2,3,4, and 6 only Provided below with the Year End Reports. Property Managers: Asset Management and Compliance|Information for Investors: Official Statements, Financial Solvency and LIHTC History (PDF) (5.19) Lump-Sum Receipts 1 g s MAP| What are the eligibility requirements for the ADA Tax Credit? (3.8) Marketing and Good Faith Efforts (the "30-Day Rule") (5.21 Additional Income and Asset Information B 03/14Owners Certification Attachment A(Word). s 01/23HOME Rent and Occupancy Report (for HOME Projects Only(Excel), 01/23NSP Rent and Occupancy Report (for NSP Projects Only)(PDF) (2.11) Available Unit Rule and Mixed-Income Properties TENANT FILE - REVIEW CHECKLIST . Bharat Associates Pvt. TC BD. (3.3) Newly Placed-in-Service Acquisition/Rehab Properties f (5.5) Tips \` ,u A current and complete rent roll for the entire Development. Some developments may have committed to longer affordability periods as outlined in their Land Use Restriction Agreement (LURA). Tax Credit endstream endobj 160 0 obj <>/Subtype/Form/Type/XObject>>stream They should contain a completed application with appropriate signatures and dates, income and asset verifications as appropriate, and a thoroughly completed Tenant Income Certification (TIC) that has been signed by all adult members of the household as well as the manager. It contains examples of records that can be maintained to support Section 3 compliance during a HUD compliance review. The compliance period is 15 years beginning with the first year of the tax credit period (placed in service year or subsequent year if deferral was elected). House and Ground Rules-TC 63TC. LIHTC Newsletter # 45 (PDF) Provides clarification about utility allowance and gross rent violations for the Housing Tax Credit program. endstream endobj 127 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream When we identify noncompliance or a disposition of a building, NIFA is required to notify the Internal Revenue Service (IRS) during the initial 15-year compliance period using Form 8823, Low Income Housing Credit Agencies Report of Noncompliance or Building Disposition. 0.5 0.5 17 17 re Note there are seven worksheets within this workbook. (2.20) Tax Credit/Bond Financed Properties, Washington The web Browser you are currently using is unsupported, and some features of this site may not work as intended. (11.4) Additional Low-Income Set-Asides (2.16) Changes in Allowance The Corporate Tax Compliance Associate Vice President ("AVP") role is a position within the Firm Tax Department of the Finance Division of The Carlyle Group, which is responsible for Firm level . endstream endobj 104 0 obj <>/Subtype/Form/Type/XObject>>stream Attachments The Low-Income Housing Tax Credit (LIHTC) program (also known as Section 42) is the federal governments primary method of funding new affordable rental housing in the USA. NIFA may, in its sole discretion, on its own behalf or on behalf of another party, elect to submit a Qualified Contract to purchase the property. (6.8) Annual Recertifications for Mixed Income Properties H Review of project owner tenant files for documents required to support information provided in Annual Owner Certifications. 15 Streamlined Monitoring - Property List (PDF) Rev. LIHTC Ownership Capacity Certification Form H LIHTC Compliance Manual 2019. endstream endobj 114 0 obj <>/Subtype/Form/Type/XObject>>stream Records Retention (PDF) Rev 11/2014 This annual LIHTC Compliance Training is a comprehensive course specifically designed to assist affordable housing professionals with becoming skilled in project compliance. In compliance with the Federal Tax code, the HMFA conducts annual file and physical inspections for 20% of the 66,000 units it monitors for 1/3 of the projects in its portfolio. NOFA and grant programs for nonprofit agencies and local units of government. (11.2) Annual Reports (2.16) Appendix O endstream endobj 136 0 obj <>/Subtype/Form/Type/XObject>>stream 08/22Extension Request(Word), Requirements For Substituting A REAC Or RHS Inspection For A MSHDA Inspection: 1D)Yw )z yTsRiu}aJM~Xav?>hY'$8h5Zveq 0.75293 g 0 0 18 18 re $ 8p a$ $ 8p a$gd$ $ 8p a$gde $ R8p p^p`a$ $ 8p a$ J K ^ _ ` a ` a b c 2 3 4 G H I J O V " h$ 5CJ hcG j hcG Uh.p 5>*OJ QJ hik CJ OJ QJ h.p CJ OJ QJ h.p >*CJ OJ QJ h.p h.p OJ QJ h$ CJ OJ QJ h$ >*CJ OJ QJ J K ^ ` 3 4 G $a$ 8p gd$ $ 8p a$gd$ $ 8p p^p`a$ $ 8p a$ $ 8p a$ = > ? Alone and in combination with tax exempt private activity bonds, the LIHTC has been the most . 12/19CO Detector Owner Verification Form This document describes (1) the federal and state resources available for financing rental housing through the plan, (2) the legislative requirements for distributing these resources, (3) the State's preference for the location and type of such housing, (4) the process used for evaluating applications and awarding these resources, and (5) program Homeownership: Homebuyer Programs|Information for Lenders| Compliance Workshops and Trainings H Some tax credit projects receive tax credits from both Minnes ota Housing and a suballocator. s (5.10) Foster Child income Commission-issued low-income housing tax credits were used to finance a Rather, NIFA is simply sharing information about the Development for the convenience of the respectiveDevelopment Owners who are attempting to sell their developments at a Qualified Contract Price. Infractions are reported to the Internal Revenue Service, which, in its discretion, may conduct tax audits. Town of Stoddard, 1450 Route 123 North, Stoddard, NH 03464-4153 Ph: 603-446-3326 Fax: 603-446-2278 Government Websites by CivicPlus POSITION: Regional Manager, Affordable Housing. f (9.5) Required Document for All Transfers 0.5 0.5 17 17 re 36,000. 1D)Yw )z yTsRiu}aJM~Xav?>hY'$8h5Zveq Notice 22-19. 09/04Annual Project Summary(PDF) H Owners receiving LIHTC in 1990 or later years must continue to maintain the low income occupancy of their developments for an additional 15+ years beyond the end of the 15-year compliance period. A copy of the most recent 12 months of operating statements for the Development which fairly sets forth the Development's operating expenses, debt service, gross receipts, net cash flow and debt service coverage ratio. H Novogradac is not responsible for any information provided by third parties, and Novogradac disclaims any responsibility for ensuring the information is accurate or up to date. Title. 0 0 18 18 re State and national links to homeless and special housing needs information. What Could Debt Limit Negotiations Mean for Housing and Community Development? 187 0 obj <>/Filter/FlateDecode/ID[<6C0801052EB2644EA5560E0BDDF7FB48><9ECC332C94208F4CA5BA534F797A6FC6>]/Index[94 160]/Info 93 0 R/Length 149/Prev 153443/Root 95 0 R/Size 254/Type/XRef/W[1 3 1]>>stream Date. 2016: 39.35M population x $2.35 multiplier = $92.47M credits. (2.3) Violence Against Women Act (VAWA) (5.10) Unemployment, Disability, Worker's Compensation, Severance Pay f LIHTC Compliance Monitoring and Site Inspection Guidance During the COVID19 Pandemic. (2.7) Common Areas 1 g (8.1) Summary s (11.5) Utility Allowances Tax Credit Project (PDF), Differences Between Tax Credits and Bonds (PDF), Income & Asset Verification Summary Chart (PDF), HUD Occupancy (5.13) On-Going Monetary Gifts 1 | SEARCH|CONTACT, Asset Management and Compliance At a minimum, theDevelopment Owner must provide the following to NIFA: Qualified Contract Notification Letter Rev 10/2018 Multi-Family/Rental Pay Request Checklist. endstream endobj 163 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream 0 0 18 18 re 1 g Download. \` ,u 03/20 Request To Eliminate Re-certifications(Word). Your use of the website or any of the information available on it does not constitute a professional services relationship between you and Novogradac & Company LLP or its affiliates (Novogradac). Compliance monitoring is basically comprised of three processes: City of New York. IRS Form 8611- Recapture of Low Income Housing Credit 0.5 0.5 17 17 re PowerPoint Slides (PDF) Stream Presentation on Vimeo (32 Application Materials 2022-2023. . Compliance FAQs | Requests for Public Records (11.5) Additional Low-Income Housing Use Period (1.2) Tax Credit Program Overview (12.5) Noncompliance endstream endobj 95 0 obj <>/Metadata 3 0 R/Pages 92 0 R/StructTreeRoot 9 0 R/Type/Catalog/ViewerPreferences 189 0 R>> endobj 96 0 obj <>/MediaBox[0 0 612 792]/Parent 92 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 97 0 obj <>/Subtype/Form/Type/XObject>>stream As the monitoring entity for the IRS on the LIHTC Program and HUD on the HOME, CDBG and ESG Programs, DHCD reports directly to them on issues of non-compliance. (5.1) Income-General Information