Affordable housing compliance
Regulatory Document Review
We review the documents that govern an affordable housing property and summarize the restrictions they impose, so a buyer or owner understands what applies to the property.
Who it’s for
Who this service supports.
Buyers reviewing a property's existing obligations
Owners confirming the restrictions governing their property
Asset managers overseeing properties with multiple program requirements
What’s included
A defined compliance review.
- Regulatory agreements and their applicable amendments
- Land use restriction agreements (LURAs) and extended use agreements
- Forms 8609 and the property-specific elections and building information they contain
- Housing Assistance Payments (HAP) contracts and applicable amendments
- A plain-language summary of income, rent, occupancy, use-period, and reporting restrictions found in the documents
- Missing documents, conflicting provisions, and questions that need clarification
After the engagement
Continue with ongoing compliance monitoring.
Clients can continue with ongoing compliance monitoring after this engagement to track corrections, review certifications, and maintain oversight as the property moves forward.
Explore ongoing monitoring