Pre-Review Setup
Property documentation, income limits, rent limits, set-aside structure.
LIHTC file review
LIHTC file review, done by practitioners.
Independent review of LIHTC tenant files against Section 42 requirements. We surface findings before state agency monitors do.
File review
Income verificationComplete
Asset calculationComplete
TIC accuracyFlag
Lease addendumComplete
Section 42 - file 042/120
What we review
Comprehensive file review across every dimension.
LIHTC file review is the foundational compliance work for tax credit properties. Our reviewers work through each file the way state agency monitors do.
Household & Income
Household composition, student status, income verification, asset verification.
Documentation & Compliance
TIC accuracy, lease compliance, utility allowance, verification timing.
Detailed scope
What's covered in every review.
- Pre-review property documentation (income limits, rent limits, set-aside structure)
- Household composition and student status determination
- Income verification (all sources, all methods)
- Asset verification and imputed income calculation
- Tenant Income Certification (TIC) accuracy
- Lease compliance, including LIHTC addendum language
- Rent and utility allowance application
- Verification timing and effective date alignment
- File completeness and documentation organization
Engagement types
Scoped to fit your situation.
Quick Look Reviews
Targeted reviews of specific files or specific issues, typically completed within 24 to 48 hours. Designed for fast turnaround on a specific situation.
Property-Level Reviews
Comprehensive review of a sample of files at a specific property. Typically used for properties preparing for monitoring or properties with recent compliance concerns.
Portfolio Reviews
Systematic file review across multiple properties or an entire portfolio. Includes pattern analysis across files to identify systemic issues.
Ongoing Reviews
Continuous file review on a defined cadence (monthly, quarterly), typically embedded as part of an ongoing compliance partnership.
What you receive
Reports designed to be used, not filed.
Each LIHTC file review produces a structured findings report that includes:
- File-by-file findings with regulatory citations
- Severity classification for each finding
- Specific remediation recommendations with timelines
- Pattern analysis across files (when reviewing multiple)
- Recommendations for operational improvements where applicable
Get in touch
Ready to scope a review?
A short conversation helps us understand your portfolio and propose the right engagement structure.