Seven Tips for Managing a Mixed-Income Site
There are some distinct differences between managing a mixed-income site versus a 100 percent tax credit site. The most obvious is that, with a 100 percent site, you know that all of your units are low income. But if your site is mixed income, and you rent to both low-income and market-rate households, your site staff must clearly understand which units have been designated for low-income households, and which rules apply. Making a mistake can be costly.
Here are a few tips that can help you and your staff to avoid noncompliance when managing a mixed-income site.