Q&A on Site Inspections
Most tax credit managers know that state housing agencies must regularly inspect sites for compliance with the tax credit program. The agencies inspect units to make sure they’re suitable for occupancy and look at household files to make sure they’re accurate and complete. But many managers are confused about what these inspections involve.
We’ll tell you the answers to the most commonly asked questions about state housing agency inspections. This way, you can help these inspections go smoothly during your site’s 15-year compliance period.