Compliance Solutions

Compliance Solutions, a division of Occupancy Solutions, LLC, provides professional training, consulting, auditing and compliance services to owners/agents of affordable housing programs including RAD, Section 8, HOME, LIHTC, AHDP/RTC, Bond, Section 202 and 811 PRAC throughout the nation.

In addition, we will provide pre-approval for move-ins, review of first year files and review of annual certifications. File reviews include pre-approval of the resident’s eligibility prior to move-in and during recertification to ensure compliance with IRC 42 and HUD regulations. Reviews may be conducted in-house via fax, email, paper copies or by on site visits.  Each review entails a thorough analysis of the completed application, third-party verifications, student status, accuracy and completeness of Tenant Income Certification (TIC)/50059 and the lease. Our team will also analyze and ensure property management adherence to specific program requirements including compliance documents, set aside percentages, move-in dates as determined by the Certificate of Occupancy (CO), Utility Allowance implementation, maximum rent, income limits, and specific state agency requirements.

Training Services include:

Ongoing Compliance Support

Onsite Compliance Audit Support Visits

  • Perform review of system in place along with move-in and recertified files to ensure compliance, evaluate on site policy/documentation. Recommendation, training and overall policy will be streamlined per your community’s affordable housing restrictions/programs.

 

Onsite Personalized Affordable Housing Training Per Your Communities Program(s)

  • Perform review of system in place along with move-in and recertified files to ensure compliance, evaluate on site policy/documentation. Recommendation, training and overall policy will be streamlined per your community’s affordable housing restrictions/programs.

 

Fax approvals – Fax Review Files

Basic Compliance

  • Income and asset calculations prepared properly and completely
  • Complete file income/asset documentation
    • Income Eligibility
    • Determining Assets
    • Tenant Income Certificate Form
    • Rent and Lease Requirements
  • Lease addendum
  • Release and consent form
  • Income and rent guidelines

 

Correction of Noncompliance Issues

  • Correct documentation to the best of our ability to avoid findings, or provide support per your audit findings.
  • The property staff should be the point-of-contact for all residents, but Company will assist staff when issues require corrections.  Concerns in files will be discussed with staff and onsite training/support will be provided. If additional detailed training is required to achieve and then maintain compliance, Client will request a specific time and date with Company and additional fees will be discussed.

 

Misc. Support:

  • Due Diligence
  • Ongoing support hourly, daily, weekly or as needed
  • Staff changes
  • Interview support for new team members

Fee and Terms for Ongoing Compliance Support

  • The Client will need to provide the Company with all applicable regulatory documents in order to ensure compliance with the specific programs.
  • If Tax Abatement, Due Diligence or other misc. file audits are requested, the Client and the Company will discuss terms and fees at that time.  Amounts will depend on the property size and type of audit.