How Developments Are Monitored For Compliance

How Developments Are Monitored For Compliance

The Compliance Monitoring Department monitors low income housing properties to ensure compliance with the applicable laws, rules, regulations and policies that govern the properties. Procedures for monitoring low income housing properties have been established to conform to all currently applicable statutes and regulations. Programs monitored by the Compliance Monitoring Department include Low-Income Housing Tax Credit (LIHTC), HOME Investment Partnership Program (HOME), Housing Trust Funds (HTF), and the Multifamily Tax-Exempt Revenue Bond Program (TEB).

The Compliance Monitoring Department ensures compliance with program requirements by making customers aware of program laws, rules, regulations and policies. We do this by presenting annual workshops, providing on-site training (upon request), making manuals and program references accessible and having staff available by telephone or email to answer questions. We are also available to provide guidance during on-site monitoring reviews.

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