Monitoring Compliance with Income Averaging (HFAi19)
Discuss compliance challenges with the new income averaging minimum set-aside and the complexities associated with project monitoring. Understand state monitoring policies, new income limit calculations, critical compliance considerations, and emerging best practices on unit designation, the next available unit rule, and noncompliance correction.
Patricia Murphy, Director of Compliance | Texas Department of Housing and Community Affairs
Renee Dickinson, Multifamily Compliance Manager | Minnesota Housing
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Valeri Pate, Director, Asset Management and Compliance | Washington State Housing Finance Commission
Thomas Stagg, Partner | Novogradac & Company LLP