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Compliance

The Louisiana Housing Corporations's Compliance team helps ensures that federal law and LHC requirements are followed.

Compliance

The Compliance team monitors properties financed with housing tax credits, HOME funds, and other funding sources. The Compliance team ensures the long-term preservation of affordable housing and that federal law and LHC requirements are followed. To achieve these objectives, the Compliance team employs a training, education, and technical assistance approach with its owner and property manager partners.

Federal regulations require all properties to be inspected, and the frequency of inspections is dictated by the project's source(s) of funding. In addition to site inspections, the monitoring team also reviews tenant files to ensure program requirements are met; and the desk monitoring team receives and reviews annual compliance certifications and submissions, due every year on February 15th.

Asset Management

The primary objectives of the Asset Management Department are to preserve existing affordable housing and increase property performance while minimizing the corporation's risk and ensuring payment of loans.

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Construction Monitoring

The Construction Monitoring team supervises the progress of new construction and rehabilitation projects across all Corporation programs, ensuring that federal regulations are followed and that all construction agreements between the LHC and the developer or owner are met.

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Desk Monitoring

The Desk Monitoring Team of the Asset Management Department is responsible for monitoring compliance with reporting requirements, regulatory compliance, payment obligations and ensuring the ongoing long-term viability of LHC funded projects.

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Environmental Review

The LHC reviews developments and potential environmental impacts to determine whether the projects meet federal, state and local environmental standards.

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LOOKING TO MAKE CONNECTIONS?

At Connections you will have the unique opportunity to connect with a diverse group of professionals and advocates from all housing sectors in the state. The conference will be divided into 6 tracks that examine and discuss housing from an individual, regional and statewide perspective. 

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