LIHTC Compliance in North Carolina
Independent LIHTC compliance file review, NCHFA 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 north carolina, north carolina lihtc consultant, nchfa compliance monitoring, section 42 file review north carolina, tenant file audit north carolina.
Frequently asked questions
Who monitors LIHTC compliance in North Carolina?
North Carolina Housing Finance Agency (NCHFA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in North Carolina. NCHFA monitoring leans on desk audits with targeted on-site follow-up. Income verification sourcing is the recurring problem area.
What does an independent LIHTC file review in North Carolina 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 NCHFA monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in North Carolina?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after NCHFA monitoring, and re-reviews the corrected files before resubmission.
Contact Altus Compliance or request a quote to scope an engagement. Email info@altuscompliance.com.