Quote:
Originally Posted by Fatimah19
Who are they do they review your file after the city?
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the compliance agency is c&c management which is basically who we are dealing with. they review your file once its approved by hpd. The description below is exactly what i gt from the c&c website.
We provide compliance services necessary for properties regulated by State and Federal Low Income Housing Tax Credits (LIHTC). Many of the properties we manage were financed through the LIHTC program. C+C Apartment Management has comprehensive knowledge of all compliance regulations that govern these properties.
C+C Apartment Management has relationships with all the LIHTC monitoring agencies including the New York State Department of Housing and Community Renewal (DHCR), the New York State Housing Finance Authority (HFA), the New York City Department of Housing Preservation and Development (HPD), and the New York City Housing Development Corp (HDC).
Services Include:
Annual recertification of tax credit units
Comprehensive reporting to tax credit investors and agencies
Maintain tenant files
Supervising the annual agency and investor audits
On-site physical inspections
Next available unit rule
Monitoring rents to comply with tax credit rules