LIHTC Compliance in Virginia
Independent LIHTC compliance file review, Virginia 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 virginia, virginia lihtc consultant, virginia housing compliance monitoring, section 42 file review virginia, tenant file audit virginia.
Frequently asked questions
Who monitors LIHTC compliance in Virginia?
Virginia Housing (Virginia Housing) is the allocating and monitoring agency for Low-Income Housing Tax Credit properties in Virginia. Virginia Housing operates a structured annual reporting cycle with on-site reviews on rotation. Utility Allowance support is a frequent gap.
What does an independent LIHTC file review in Virginia 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 Virginia Housing monitoring expectations, then documents corrections before the agency review.
Can Altus help respond to a Form 8823 in Virginia?
Yes. Altus prepares corrective action documentation and correction-period responses for 8823 findings issued after Virginia 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.