LIHTC Compliance in South Carolina
Independent LIHTC compliance file review, SC Housing monitoring readiness, and Section 42 tenant certification audits for affordable housing owners and manage
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 south carolina, south carolina lihtc consultant, sc housing compliance monitoring, section 42 file review south carolina, tenant file audit south carolina.
Frequently asked questions
Who monitors LIHTC compliance in South Carolina?
South Carolina State Housing Finance and Development Authority (SC Housing) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in South Carolina. South Carolina State Housing Finance and Development Authority (SC Housing) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in South Carolina. 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 South 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 SC Housing monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in South Carolina?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after SC 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.