Question 1

What is LIHTC compliance software?

Accepted Answer

LIHTC compliance software automates the work required to keep Low-Income Housing Tax Credit properties in compliance with IRS Section 42, state housing finance agency rules, and the HOTMA Final Rule. That includes tenant file review, income and asset certification, annual and interim recertifications, set-aside and Available Unit Rule (AUR) monitoring, and preparation of evidence packs for state monitoring visits and IRS Form 8823 reviews. HousingIntellect is purpose-built for LIHTC portfolios and uses AI to read source documents, calculate income and assets under HOTMA, generate Tenant Income Certifications (TIC), and flag any file that would not pass a state audit.

Question 2

How does HousingIntellect handle Section 42 income and asset calculations under HOTMA?

Accepted Answer

Every calculation in HousingIntellect is driven by the current HOTMA Final Rule, with the prior Section 42 / HUD Handbook 4350.3 logic preserved for files certified before your HOTMA effective date. The platform parses paystubs, Social Security award letters, pensions, self-employment statements, asset statements, and third-party verifications, applies the HOTMA imputed income thresholds and asset exclusions, and produces a fully auditable calculation worksheet. Reviewers see every input, every rule applied, and every dollar of annualized income, so the math defends itself in front of a state monitor.

Question 3

Will HousingIntellect prepare my LIHTC properties for an 8823 audit?

Accepted Answer

Yes. HousingIntellect runs a continuous 8823 risk score across your portfolio. Before a state housing finance agency visit, you can pull an auditor-ready evidence pack for any unit, building, or property in one click, including the executed TIC, source documents, verification logs, set-aside math, AUR tracking, and HOTMA calculation worksheets. Most operators eliminate the late-night scramble that precedes monitoring visits because the file is already audit-ready the day it is certified.

Question 4

Does HousingIntellect replace Yardi, RealPage, or our property management system?

Accepted Answer

No. HousingIntellect sits on top of your property management system as the LIHTC compliance layer. Your existing rent roll, accounting, and resident ledger stay where they are. We own the file review, calculation, recertification, set-aside, and audit-prep workflows that legacy property management systems treat as bolt-ons. Operators typically keep their PMS for accounting and move LIHTC compliance to HousingIntellect.

Question 5

How does the platform handle multi-state LIHTC portfolios?

Accepted Answer

Every state housing finance agency has its own Qualified Allocation Plan (QAP), monitoring procedures, and forms. HousingIntellect maintains state-specific rule sets for all 50 states plus DC and Puerto Rico, so a property in Texas is reviewed under TDHCA rules while a property in California is reviewed under TCAC rules, in the same workspace. Your compliance team sees one queue across the portfolio with the right rules already applied per asset.

Question 6

What about set-asides and the Available Unit Rule (AUR)?

Accepted Answer

Set-aside monitoring is real-time. As soon as a household certifies above 140% of the applicable income limit, the AUR clock starts on that unit, and HousingIntellect tracks the next available comparable unit that must rent at LIHTC-restricted rent. Building and project-wide set-aside elections (20/50, 40/60, average income) are continuously validated, and the system warns you the moment any election drifts out of compliance.

Question 7

How long does implementation take?

Accepted Answer

Most LIHTC portfolios are live on HousingIntellect within two to four weeks. Implementation includes mapping your portfolio, importing your existing tenant files, configuring state rule sets, and training your compliance team. We do the file migration; your team does not stop reviewing files during onboarding.

Question 8

Is HousingIntellect HOTMA-ready for LIHTC?

Accepted Answer

Yes. The HOTMA Final Rule was incorporated into the platform from day one. LIHTC operators can run side-by-side comparisons between pre-HOTMA and HOTMA calculations on the same file, see exactly which households are affected, and certify under HOTMA the moment your state agency confirms the effective date for your portfolio.

LIHTC compliance software built for Housing Credit operators.

The state of LIHTC compliance in 2026.

Everything Section 42 compliance requires, in one workspace.

How HousingIntellect works on a LIHTC file.

1. Upload the file or sync your PMS

2. AI calculates income, assets, and the TIC

3. Reviewer approves with full evidence in one place

4. Recerts, AUR, and audit prep run on autopilot

Why LIHTC operators are switching to HousingIntellect.

LIHTC compliance software FAQ

See HousingIntellect on your LIHTC portfolio.