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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 the respective program manuals, and as represented in all restrictive documents. DCA also monitors a limited number of properties encumbered by FDIC (formerly Resolution Trust Corp.) restrictions. Although DCA is responsible for monitoring the Owners’ compliance with these rules, regulations, and restrictions, this responsibility does not make DCA liable for an Owners’ noncompliance.
This site will provide information regarding compliance policies and processes, compliance audit forms and manuals, how to request changes such as ownership, ownership interests, amenities and Qualified Contracts.