The 2021 CT income limits may be found below under the CT Income Limits and Area Definitions. The 2021 limits are effective 4/1/2021 and must be in use no later than 5/15/2021.
February 17, 2021
Hello Owners/Managers,
Please review the updated FAQs for LIHTC Compliance Monitoring. There is some very important guidance.
The IRS published Notice 2021-12 that included specific provisions that adjust LIHTC Compliance requirements for the period beginning 4/1/2020 to 9/30/2021.
*Owners are not required to perform annual recertifications for the period 4/1/2020 to 9/30/2021. They do not need to be made up retroactively.
Please review the attached for all details with guidance on CT compliance during COVID.
Thank you. Stay safe.
Click here to view updated COVID-19 CHFA / Spectrum LIHTC Monitoring FAQs