Overview
HCR's Asset Management / Low-Income Housing Credit Compliance Monitoring Program is designed to ensure that limited housing resources are used for the purpose which they were originally funded and benefit the population they were intended to serve.
The program requires annual certification by project owners and certification compliance review by HCR, collection and processing of compliance monitoring fees, on-site compliance monitoring of each project-every three years, resolution and reporting of all non-compliance issues, and technical assistance to project owners.
As of April 2026, the HTFC subsidy and 9% LIHTC affordable portfolio includes approximately 1,500 (1,476) projects with nearly 80,000 (77,957) units.
As of April 2026, the HFA subsidy and 4% LIHTC affordable portfolio includes approximately 700 (730) projects with nearly 134,000 (133,569) units.
Asset Management Content
Forms, Documents & Training
Get the Help You Need File a Complaint
If you live in a 9% Low-income Housing Credit property under the jurisdiction of the New York State Division of Housing and Community Renewal (DHCR) Asset Management Unit and are having issues, you may file a complaint with this agency.