El Borinquen Facade

Asset Management

Asset Management / Low-Income Housing Credit Compliance Monitoring Program
Statewide Asset Management Unit (SAMU)
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 June 2022, the 9% affordable portfolio consists of 1,518 Projects with 75,152 units. 

As of June 2022, the 4% affordable portfolio consists of 723 Projects with 82,502 units. 

As of June 2022, the Mitchell-Lama affordable portfolio consists of 100 Projects with 29,665 units. 

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.