The vendor is required to provide from qualified third-party compliance companies to provide affordable housing file review services.
- The selected company will be responsible for:
• Reviewing initial move-in files for program compliance before resident occupancy.
• Reviewing annual and interim recertifications for continued compliance.
• Approving or rejecting files based on the regulatory requirements including but not limited to.
o Low-income housing tax credit (LIHTC)
o Home investment partnerships program (home)
o Housing trust fund (HTF)
o 59 program
o CDBG
o HDG
o NSP
o AHDP
• Providing detailed feedback and documentation on any necessary corrections or clarifications.
• Ensuring all reviews are conducted in accordance with applicable federal, state, and local regulations.
• Maintaining secure and confidential handling of all resident information and documentation.
• Providing timely turnaround of file reviews to meet occupancy and compliance deadlines.
• Ensure accurate and acceptable forms are being used on applicants' applications.
• The 3rd party should be able to provide our investors with a letter that all files were reviewed and approved for move-in. (sign off letter)
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: May 18, 2025