Lease Up Package

When acquiring a property, it’s crucial to verify that all existing households meet Section 42 Low-Income Housing Tax Credit (LIHTC) eligibility requirements within a tight timeframe. At MLCM, we evaluate the eligibility of all households at the time of acquisition to ensure compliance with program regulations.

Our thorough assessment checks that every household aligns with the latest requirements, helping you avoid potential issues with tax credit eligibility. If any units are occupied by ineligible households, we’ll guide you through the corrective measures needed to secure your tax credits.

Services:

Custom Property Fact Sheets

Get a clear overview of site-specific requirements with our detailed Property Fact Sheets. We review your regulatory documents and deliver a customized report that helps you navigate compliance effortlessly.

Tailored Unit Tiering Charts and Compliance Tools

Streamline your operations with customized unit tiering charts, file review checklists, income limit charts, and Utility Allowance (UA) charts. Our site-specific tools are designed to ensure you meet all regulatory requirements with ease.

Forms

Access the exact forms you need with our State Agency-Specific Applicant and Tenant File Forms. We provide a variety of documentation to keep you in compliance with state regulations, simplifying your file management.

Expert File Reviews
Choose from our targeted review options: We offer an Income Eligibility Review to verify household qualification or a Full Applicant File Review, covering everything from the application to move-in. Our thorough reviews ensure compliance and accuracy at every step.