LIHTC Compliance in Alabama
Independent LIHTC compliance file review, AHFA monitoring readiness, and Section 42 tenant certification audits for affordable housing owners and managers in
Altus Compliance is an independent affordable housing compliance firm providing file reviews, audit preparation, lease-up support, ongoing monitoring, and compliance oversight for LIHTC, HUD, HOME, RD, Bond, PBV, and RAD properties nationwide.
Focus areas: lihtc compliance alabama, alabama lihtc consultant, ahfa compliance monitoring, section 42 file review alabama, tenant file audit alabama.
Frequently asked questions
Who monitors LIHTC compliance in Alabama?
Alabama Housing Finance Authority (AHFA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in Alabama. Alabama Housing Finance Authority (AHFA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in Alabama. Monitoring covers tenant file review, annual owner certifications, physical inspection, and Form 8823 reporting to the IRS.
What does an independent LIHTC file review in Alabama cover?
Altus reviews initial tenant income certifications, annual recertifications, income and asset verifications, student status, Utility Allowance support, rent limits, and unit set-asides against AHFA monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in Alabama?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after AHFA monitoring, and re-reviews the corrected files before resubmission.
Contact Altus Compliance or request a quote to scope an engagement. Email info@altuscompliance.com.