LIHTC Policies Involving Compliance Issues

LIHTC Policies Involving Compliance Issues

LIHTC Program Policies:

The documents listed below are those policies of the Low Income Housing Tax Credit Program which concern Compliance Monitoring. If there are questions regarding the following policies, please call 517-241-2560 or email our Compliance Monitoring Division.

Compliance Monitoring Policy Bulletins

• LIHTC Compliance Policy #1: Gross Rent Floor Election
  LIHTC Compliance Policy #1 Updated 02/06/2013
• LIHTC Compliance Policy #2: Married Individuals Living Apart
  LIHTC Compliance Policy #2
• LIHTC Compliance Policy #3: Deeper Targeting and Multiple AMGI Levels
  LIHTC Compliance Policy #3
• LIHTC Compliance Policy #4: Prohibition Against Applying Minimum Income Requirements for Prospective Section 8 Recipients
  LIHTC Compliance Policy #4
• LIHTC Compliance Policy #5: Child Support Documentation
  See Chapter 3 of the April 2013 Compliance Monitoring Manual
• LIHTC Compliance Policy #6: Non-Custodial Children as Household Members
  LIHTC Compliance Policy #6
• LIHTC Compliance Policy #7: Common Area Units
  LIHTC Compliance Policy #7
• LIHTC Compliance Policy #8: Compliance Monitoring Fees for Tax-Exempt Projects
  LIHTC Compliance Policy #8
• LIHTC Compliance Policy #9: Agency Estimate of Utility Allowances for LIHTC Developments
  LIHTC Compliance Policy #9 Updated 06/23/2020
  Utility Allowance Quick Reference Chart Updated 06/17/2020
  Link to Treasury Regulation 1.42-10
  Non MSHDA approved UA Submission Policy
• LIHTC Compliance Policy #10: Requirements For Substituting A REAC Or RHS Inspection For A MSHDA Inspection
  LIHTC Compliance Policy #10

LIHTC Fee Schedule

• The LIHTC Fee Schedule includes both Allocation and Compliance Fees:
  LIHTC Fee Schedule Updated 08/05/2014

The complete set of LIHTC policies can be found under Tab W of the Combined Application: All LIHTC Policies