As part of the Low Income Housing Tax Credit Program enacted by Congress, state credit allocating agencies, such as CHFA, have been assigned the responsibility of monitoring LIHTC developments to ensure compliance with the requirements of the program.

The links below are intended to provide information about and to assist Section 42 property owners and management agents meet the conditions set fourth by Congress and the IRS.

• NEW! EIV – Enterprise Income Verification Update
• NEW! Revised 8823 Guide - updated October 2009
• NEW! Post Year 15 Compliance and Monitoring Policy
• Student Financial Assistance Update
• Utility Allowance Regulation Update
• Housing and Economic Recovery Act of 2008, HERA 3221; Section 42 Utility Allowance Regulations Update (26 CFR, Part 1)
• LIHTC compliance manual
• Occupancy and Demographic Reporting Information (WCMS)
• LIHTC forms
• Rent and income limits
• LIHTC training schedule
• Internal Revenue Bulletin: 2004-27, Rev. Proc. 2004-38
• FAQs
• Contact LIHTC Compliance Staff

Use the links to related websites on the right column for information about complying with:

• LIHTC regulations
• Federally mandated regulations and conditions for Section 42 property owners and management agents