LIHTC Compliance in Michigan
Independent LIHTC compliance file review, MSHDA 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 michigan, michigan lihtc consultant, mshda compliance monitoring, section 42 file review michigan, tenant file audit michigan.
Frequently asked questions
Who monitors LIHTC compliance in Michigan?
Michigan State Housing Development Authority (MSHDA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in Michigan. MSHDA monitors LIHTC alongside a large HUD-assisted portfolio, so layered files must satisfy both Section 42 and HUD occupancy standards.
What does an independent LIHTC file review in Michigan 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 MSHDA monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in Michigan?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after MSHDA monitoring, and re-reviews the corrected files before resubmission.
Contact Altus Compliance or request a quote to scope an engagement. Email info@altuscompliance.com.