LIHTC Compliance in Minnesota
Independent LIHTC compliance file review, Minnesota Housing monitoring readiness, and Section 42 tenant certification audits for affordable housing owners and
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 minnesota, minnesota lihtc consultant, minnesota housing compliance monitoring, section 42 file review minnesota, tenant file audit minnesota.
Frequently asked questions
Who monitors LIHTC compliance in Minnesota?
Minnesota Housing Finance Agency (Minnesota Housing) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in Minnesota. Minnesota Housing and several suballocators monitor different portfolios, so confirming who monitors your property matters before you prepare.
What does an independent LIHTC file review in Minnesota 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 Minnesota Housing monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in Minnesota?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after Minnesota Housing monitoring, and re-reviews the corrected files before resubmission.
Contact Altus Compliance or request a quote to scope an engagement. Email info@altuscompliance.com.