LIHTC Compliance in South Dakota
Independent LIHTC compliance file review, SDHDA 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 south dakota, south dakota lihtc consultant, sdhda compliance monitoring, section 42 file review south dakota, tenant file audit south dakota.
Frequently asked questions
Who monitors LIHTC compliance in South Dakota?
South Dakota Housing Development Authority (SDHDA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in South Dakota. South Dakota Housing Development Authority (SDHDA) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in South Dakota. 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 Dakota 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 SDHDA monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in South Dakota?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after SDHDA monitoring, and re-reviews the corrected files before resubmission.
Contact Altus Compliance or request a quote to scope an engagement. Email info@altuscompliance.com.