The Relaxed Covid-19 LIHTC Compliance Guidelines
Covid-19 significantly altered the way property owners in the affordable housing industry operate and manage buildings. In response to these rising operating concerns, New York State and City housing agencies have issued a series of updated Covid-19 compliance protocols. Listen to Enterprise's webinar with the NYS Homes & Community Renewal (HCR), NYC Department of Housing Preservation & Development (HPD), and NYC Housing Development Corporation (HDC) to learn about the new LIHTC compliance guidelines issued post the pandemic.
This session covered:
- Marketing guidelines, including income calculations and lease requirements
- Electronic signatures for initial and ongoing annual certification
- Guidance on calculating and projecting earned and unearned income
- Submission of Applicant file documentation, including but not limited to tenant income certifications (TICs), Hero/Hazard Pay, and more