Block Multifamily Group

Property PhotosLIHTC and Compliance

Our motto of 100% compliance 100% of the time will not be compromised.

The key to our success is in the development of our management team and systems. Training is a continuous program with our firm. Through our in-house seminars and industry educational programs such as, Novogradac, Icomply42, Spectrum and IREM, our staff is kept current on new regulatory issues as well as developing new processes to ensure our services are of the highest quality for the owners and residents.

BMG's effective management starts with clear and concise policies and programs at the site level. Our ongoing training and leadership at this level is paramount to the initial steps of a successful Low Income Housing Tax Credit (LIHTC) development. We maintain an excellent relationship with state agencies and are well known for correct and timely reporting.

Timely and accurate reporting to the various agencies is a cornerstone of our success. Each report from Owner's Annuals to Unit Worksheets is handled with efficient execution. BMG's Compliance Director and staff work in concert with Owner's Compliance Departments and Asset Management to facilitate the reporting and file review necessary for a successful LIHTC asset.

BMG works with the following agencies:

  • The Kansas Housing Corporation
  • Missouri Housing Development Commission
  • Nebraska Investment Finance Authority
  • Iowa Finance Authority
  • Arkansas Development Finance Authority
  • Michigan State Housing Development Authority
  • Ohio Capital Corporation for Housing
  • Department of Housing and Community Development, DC
  • Tennessee Housing Development Agency
  • Oklahoma Housing Finance Agency
  • Texas Department of Housing & Community Affairs
  • The Illinois Housing Development Authority
  • Indiana Housing and Community Development Authority
  • Wisconsin Housing and Economic Development Authority