In this video Heidi explains seasonal employment in an LIHTC Community and how to calculate that income.
Preferred Compliance Solutions is excited to announce the release of our new Next Generation Rent & Income Calculator.
Preferred Compliance Solutions is pleased to announce that the recently released Year 2020 HUD income limits have been migrated into the NextGen Rent and Income Calculator.
Today, Heidi focuses on court ordered child support and alimony in a Low Income Housing Tax Credit Community. What documents are needed for the file? Watch to find out!
There are 7 main differences between the HOME program and Tax Credit program. Today, Heidi explains the last 4 differences. Check out part 1 of this video where we explain the other 3 differences between Home and Tax Credit.
There are 7 main differences between the HOME program and Tax Credit program. Today, Heidi explains the first 3 differences. Please tune in for part 2 this video where we explain the other 4 differences between Home and Tax Credit.
Today Heidi shares an example of using the most restrictive rule in blended properties.
Today, Heidi is sharing an update on how to properly document income from self employment (not to be confused with income from a business).
While telecommuting, we invited our team members to develop a work/life balance in way that will allow them to become extraordinary effective. In becoming extraordinary effective individuals, we must all choose one activity vs another.
Today's video is an introduction to Utility Allowances in an LIHTC Community. Heidi shares an example as well as some things to remember when it comes to Utility Allowance.
In today's video, Heidi explains when to sign the TIC during the move in and re-certification process in an LIHTC Community.
In today's video, Heidi will use good, better and best practice to explain how to best document income for UBER and LYFT drivers in an LIHTC Community.
In today's video, Heidi is breaking down our Tip Declaration. She will discuss when this form should be used and how to select the option that best fits your file.
In today's video, Heidi explains 401K accounts and whether or not they are considered assets in the LIHTC application process.
In today's video, Heidi explains when to count/not count Life Insurance policies as assets in an LIHTC community.
In today's video, Heidi explains when it is necessary/not necessary to verify household assets in an LIHTC community.
In today's video, Heidi explains when it is necessary to document student status during the application process in an LIHTC community.
In Today's Preferred Compliance Solutions quick tip video, Heidi explains the student definition in regards to LIHTC communities.
In this week quick video, Heidi talks about the resident history section of the application. She mentions why this section is necessary and how much resident history is needed.
Today's quick tip from Preferred Compliance Solutions is all about white out and Compliance forms. When filling out Compliance forms in an LIHTC Community, when is it OK to use white out? Do you know the answer? Watch the video to find out!
It is that time of year, when your lender or syndicator has contracted our services to perform an onsite inspection and/or file review at your community. We have created this video to help you know what to expect and prepare for the date of our visit.
This video was recorded to provide Preferred Compliance Solutions clients with a review of the year 2016 and to outline what they could expect for the year 2017. It relates to services provided in monitoring properties with Low Income Housing Tax Credits, HOME, BOND, Project Base Section 8, and other affordable housing programs.
What is the difference between the Zero Income Form and the Unemployed Form? In this video, Heidi describes when each form is appropriate for use on file.
TIn today's video, Heidi describes how to proceed when an applicant cannot fill out the application and needs assistance.
In today's video, Heidi gives some tips to remember when completing the application in an LIHTC community. It's always great to refresh and get back to the basics!
In today's video, we discuss how to best verify the hire date with an employer during the application process in an LIHTC Community.
In today's compliance training video, Heidi explains when and how to document an absentee spouse during the application process in LIHTC communities.
In today's Compliance Training, Heidi uses good, better and best to explain how to document marital status when completing the application process in an LIHTC community.
While income from a business and income from self employment are not the same, in an LIHTC community they are typically documented in the same manner. In this video, Heidi discusses the "good, better and best" procedures for documenting income from a business and income from self employment.
Here is what clients of Preferred Compliance Solutions have to say about their experience working with the Best Compliance Program. Preferred Compliance Solutions is a monitoring and advisory firm serving developers, syndicators, investors, lenders and management companies of the multi-family affordable housing industry.
Preferred Compliance Solutions is a monitoring and advisory firm serving developers, syndicators, investors, lenders and management companies of the multi-family affordable housing industry.
Did you know that during the funding application process, the owner of your LIHTC community agreed to provide specific resident programs and services? You may be wondering where to find the programs and services required for your community.
"Extraordinary EFFECTIVE Individual" is the title that Jose Aponte, our President and CEO, gave to his Keynote Address at the 2015 AGPM annual gathering.
A generic e-mail address is one ending in @yahoo, @gmail etc. In this video Heidi outlines when it is OK to use a generic e-mail address on an Employment Verification as well as during the application process for an LIHTC community.
In this video, Heidi explains "Compliance BEST Practice" for income verification's that are received via e-mail, mail or completed in person.
In this video, Heidi explains "Compliance BEST Practice" for income verification's that can be printed from the employers internet income information source(Also known as electronic sources of verification's of income).
The feature layout is built with flex, like the hero layout. Don’t like our typesetting? You can update every detail in the typography section of the Style panel.
In this video, Heidi explains one of the elements and "Compliance BEST Practice" for determining a child will be residing in the unit at least 50% of the time. Why and when to place a copy of a child's birth certificate in the file.