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DCA is required to monitor projects for compliance with the requirements of IRC Section 42, the HOME regulations at 24 CFR Part 92, the representations set forth in the Final Allocation Application, the requirements stated in the applicable Qualified Allocation Plan, the requirements set forth in
In addition to monitoring for compliance with the requirements of IRC Section 42, HOME regulations and other state and federally mandated restrictions, DCA tracks the overall fiscal and physical condition of the affordable multifamily housing in our portfolio. Our Asset Management team reviews a
The National Housing Trust Fund (NHTF) is a federal program funded through the Department of Housing and Urban Development (HUD) established under Title I of the Housing and Economic Recovery Act of 2008, Section 1131 (Public Law 110-289), to complement existing federal, state an
DCA administers federal HOME Investment Partnership Program (HOME) funds to develop multifamily rental properties and to build and renovate single family homes.
The Housing Tax Credit Program allocates federal and state tax credits to owners of qualified rental properties who reserve all or a portion of their units for occupancy for low income tenants.
Together, these resources help communities explore and determine how they can utilize a range of HUD funds to develop and implement long-term strategies to address housing needs and economic growth.
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March 1, 2018
Cobb Galleria Center
60 Executive Park South, NE
Atlanta, GA 30329