Tenant Recertifications
To maintain compliance with affordable housing regulations, it’s essential to perform annual recertifications of resident eligibility based on site specific funding sources and project set-asides.
We’ll help you stay on top of any changes that could impact a resident household’s eligibility. By partnering with us, you can confidently navigate the certification process, ensuring compliance and maintaining the integrity of your affordable housing program.
Services:
Annual and Alternate Certification Reviews
Maximize accuracy with our comprehensive Annual and Alternate Certification Reviews. We examine all documentation to ensure your recertifications are compliant. This streamlined service takes the guesswork out of eligibility assessments, so you can focus on managing your property with confidence.
Custom Recertification Tracking Schedule
Stay ahead of the curve with a tailored Annual Recertification Tracking Schedule. We create a precise timeline for your recertification needs, ensuring you never miss a critical deadline. This proactive approach helps maintain compliance and avoids last-minute scrambles.
Resources
Tenant Recertification Frequently Asked Questions
LIHTC households must have their income recertified annually. The recertification must be effective no later than 12 months from the previous certification date.
When a household moves into a LIHTC property, their eligibility must be initially certified by verifying all household income, assets, and household composition, including student eligibility. This information is again certified annually, either by completing a full recertification (going through the same process as move-in to verify income and assets); or, after the initial certification, if the property is 100% affordable, the property does not need to go through the process of verifying income and assets, and the household may self-certify this information which is known as a self-certification. Student status must always be verified, regardless of full or self-certification. If your LIHTC property is not 100% affordable (there are market rate units), self-certification cannot be completed therefore a full recertification is required.
