For owners and developers
We partner with LIHTC developers from breaking ground through placed in service, and we continue with management through the life of the project. We know the milestones that keep a project in compliance, from placed in service and the minimum set-aside through the compliance period, and we do our part to help you meet them at every step.
Compliance
We work from the 8609, including the set-aside you elected, and we keep each tenant file complete.
- Income certifications stay current, with the verifications behind them.
- Rent for each unit is set from the LIHTC schedule, and the utility allowance is part of that figure.
- We send Housing Choice Voucher paperwork to the housing authority.
- Placed-in-service dates and state-agency reviews stay on the calendar.
Leasing
We lease the building when it is new, and we fill units again when someone moves out.
- Applications move at the pace of the delivery schedule.
- Each household is qualified to the income limit before move-in.
- You can review the lease before anyone moves in.
Rent
We keep a clear record of what the resident pays and, when there is one, what the housing authority pays.
- Those two payments are recorded separately.
- Rent is set from the LIHTC schedule for that unit.
- A late balance shows up in that month's report.
Maintenance
Residents send repair requests through their community portal.
- You decide how much we can spend before we call you.
- We use the vendors you have approved.
- Photos and invoices stay in the property file.
Reporting
You receive one report each month, and we watch the compliance dates with you.
- The report shows income, expenses, occupancy, and repairs that are still open.
- It also shows certifications that are coming due, and the next inspection dates.
- If a file has a problem, we tell you before the state agency reviews it.
Contact us.
Tell us if the project is still in the ground, in lease-up, or already in service.
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