What are the long term monitoring requirements for rental projects?
• • In the second year after project completion and annually thereafter until the end of the project’s Retention Period, the project sponsor must submit certifications in accordance with the reporting requirements set forth in the AHP Compliance Monitoring Guidelines (AHP-102). In addition, more detailed reports and site visits may be required periodically depending on the amount of AHP subsidy that the project received or if the project was financed with proceeds from the sale of low- income housing tax credits. Kindly refer to AHP Compliance Monitoring Guidelines (AHP-102) for further details.
