Affordable Housing Connections

Compliance monitoring: ahc provides due diligence reports for: 1. Local allocators of sec. 42 low income Housing tax credits (lihtc): minneapolis-saint paul Housing finance board, saint cloud hra, city of rochester, and Washington county cda 2. Home program participating jurisdictions (pj): cities of minneapolis and saint paul, hennepin county and st. louis county consortia, ramsey county, Washington county and city of woodbury. 3. Neighborhood stabilization program (nsp): cities of minneapolis and saint paul 4. Inclusion zoning projects: city of edina, golden valley, and minneapolis 5. Cdbg and esg programs: city of saint paul and ramsey county (also, arpa funds) 6. Affordable Housing program (ahp): federal deposit insurance corporation (fdic) 7. Sponsor-initiated afordable Housing program: fnma 8. Sec. 42 lihtc tenant move-in files: kandiyohi county hra reports are based on review of owner's annual compliance reports, randomly selected tenant files and physical inspection of the property, common area and selected unit interiors. Ahc compliance workload included 434 projects totaling 32,437 units during calendar year 2022. Workload is centered in the twin cities metro area, but also includes projects located in greater Minnesota.

Education and leadership: through its subsidiary education and leadership center, llc, ahc conducts numerous training sessions to educate property managers, site managers, compliance officers, and owners of income or rent-restricted rental Housing projects. Education is delivered in person or live-zoon in the form of tested certification courses or technical continuing education classes. Training focuses on program compliance related to hud and irs regulations, policies, and procedures. Ahc conducted 3 training sessions with total attendance by 155 individuals. Training was to inform the owners/managers of Affordable Housing projects with sec. 42 lihtc and/or home funding about the federal government requirements related to standards for household eligibility, income and rent limits, and industry "best practices" for due diligence and documention. In collaboration with hamline university (center for public administration and leadership), ahc through its elc designed and conducted a two course, 8-credit graduate school leadership in Affordable Housing certificate program that matriculated 10 students in course 1, 10 students in course 2 and graduated 9 students who completed both course 1 and course 2. The elc also administered funds from donations and board-designated operating funds and awarded financial aid to students who met the requirements.