COMPLIANCE
Compliance Is More Than a Requirement. It’s Part of How We Manage.
Affordable housing management requires more than understanding regulations. It requires systems, experience, oversight, documentation, and a team that understands how compliance affects every aspect of property performance.
SMI has extensive experience managing properties with complex financing structures and layered regulatory requirements, including Public Housing, Project-Based Section 8, LIHTC, RAD, HOME, SHIP, bond-financed, and HUD-assisted communities.
Our compliance approach is integrated into daily property management—not treated as a separate function.
Regulatory Oversight
Monitoring of applicable federal, state, local, HUD, housing agency, financing, and program requirements to help properties remain in compliance and protect the integrity of the asset.
Affordable Housing Compliance
Oversight of eligibility, income and asset verification, certifications and recertifications, rent calculations, tenant files, waiting lists, reporting, and other program requirements.
File Review & Monitoring
Regular file reviews, internal audits, staff training, and proactive monitoring to identify issues before they become larger problems.
HUD & Public Housing
Experience with Public Housing program requirements, PHAS, occupancy requirements, income verification, EIV, PIC submissions, tenant accounts, work orders, vacancy turnaround, and related operational requirements.
LIHTC & Layered Financing
Understanding of LIHTC and properties with multiple funding sources and regulatory requirements, with coordination among ownership, site staff, and housing agencies.
Fair Housing
Fair Housing is fundamental to how we operate. Our team is trained on Fair Housing requirements and applicable landlord-tenant regulations, with issues escalated and addressed promptly.