Services
Our Compliance Services can be tailored to meet the specific needs of any client with LIHTC, HOME, Bond, or similar affordable program property, whether it is a new construction lease-up or an established community.
100% File Review
This is a review of all resident files that make up the project initial qualified basis and is primarily for projects in lease-up. IN addition to looking at the file verifications, income & asset calculations and certifications, we also look at other factors of household qualification including student status and implementation of income limits, utility allowances and gross rents. A comprehensive report will be provided detailing compliance and the eligibility status of all households. This service is tailored primarily for investors and owners seeking professional review to ensure project compliance.
On-Going File Approval
File approval for all move-ins and annual re-certifications for both new lease-ups and existing communities. This pre-approval process provides a professional level review of all files to support the efforts of the on-site staff as an added safeguard for owners and investors. Files are submitted through our on-line system by management staff for review and ultimate approval (or denial) prior to move-in or re-certification.
Investor/Owner Reviews
Typically, this is an annual recurring review of 20% of the resident files. This random file review includes a cross-section of new move-in and re-certification files to ensure management is following proper certification procedures to meet program compliance requirements. In most cases the files are submitted electronically to our office but we can also arrange for an on-site inspection.
Other Services Can Include:
Tailored corporate, on-site and individual staff training.
Completion of quarterly and annual reporting requirements for investors and state housing finance agencies.
On-site resident file audits and reviews
Contact us:
Contact us at bill@billharriscomcon.com or call 404-314-1036