Tips for Preparing for an OHCS Inspection
When preparing for an OHCS inspection, property managers should conduct a thorough inspection of the site, building exteriors, systems, and common areas. All residents must be informed, and all inspectable items should function properly. Compliance with inspection protocols is crucial to ensure a sm
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Local Innovative Fast Tract (LIFT) and Rural Definition Engagement Session
Welcome to the LIFT and Rural Definition Engagement Session focusing on the LIFT Program, rental and homeownership discussions, and rural definition dialogue. Explore how the OHCS Local Innovation and Fast Track Program is utilizing funding for housing initiatives in Oregon. Share your insights and
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IRS 8823 Guide and OHCS LIHTC Compliance Training Overview
In this comprehensive training, the IRS 8823 Guide and OHCS LIHTC Compliance process are discussed by Jennifer Marchand, a technical advisor. The training covers the basics of tax credits, 8823 process, compliance tips, and more. Participants learn about reporting requirements, IRS processing, corre
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Understanding Elderly Bond Property Compliance in Oregon
Oregon Housing and Community Services (OHCS) issues tax-exempt bonds for the development of housing for low-income elderly and disabled individuals. Bond properties must meet program requirements to maintain compliance and avoid risks to bond series and credit ratings. OHCS plays a vital role in mon
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Understanding OHCS Inspection Rating Process at AHMA Conference Summer 2019
Learn about the OHCS inspection rating process discussed at the AHMA Conference Summer 2019. The process includes different types of inspections, steps involved in the inspection process, common findings, tips to improve rating, consequences of non-compliance, and the new IRS requirements. Understan
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Understanding LIHTC Extended Use Compliance
Explore the nuances of LIHTC compliance, including the Extended Use Period, Credit Period, and Compliance Period. Learn about the history, changes, and consequences of noncompliance. Gain insights into the documentation requirements and monitoring processes. Discover how Oregon Housing and Community
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