LIHTC Section 42 Compliance
Section 8 / HCV Administration
Housing Authority Partnerships
Annual Recertification Management
HOME & HOTMA Compliance
Nonprofit Portfolio Management
RAD / PBV Transactions
HUD 4350.3 Administration
LIHTC Section 42 Compliance
Section 8 / HCV Administration
Housing Authority Partnerships
Annual Recertification Management
HOME & HOTMA Compliance
Nonprofit Portfolio Management
RAD / PBV Transactions
HUD 4350.3 Administration
Affordable Housing Property Management

Expert Management.
Flawless Compliance.
Preserved Credits.

PHA Management specializes exclusively in affordable housing — from LIHTC Section 42 communities and Section 8 properties to housing authority partnerships and nonprofit portfolios. We protect your tax credits so you can focus on mission.

100%
Affordable Housing Focus
§42
LIHTC Compliant
HUD
4350.3 Certified Team

What We Protect

  • LIHTC tax credit allocations & investor equity
  • Section 8 / HAP contract renewals and compliance
  • Annual Owner Certifications (AOC) submitted on time
  • Tenant eligibility files, recertifications & move-in packets
  • State agency relationships and regulatory agreements
  • NSPIRE physical inspection readiness
  • HOME, HOTMA, and HUD Handbook 4350.3 adherence
  • RAD and PBV transition administration
Talk to a Specialist
Affordable housing community
LIHTC Communities
Property management
Section 8 Properties
Housing authority
Housing Authorities
Compliance professionals
Compliance & Reporting
What We Do

Comprehensive Affordable
Housing Management

Every service we offer is purpose-built for the complexity of regulated affordable housing — not adapted from conventional property management.

01

LIHTC Compliance Management

Full-cycle Section 42 compliance: tenant income certification, annual recertification tracking, IRS Form 8823 avoidance, and state agency reporting. We manage income limits, set-aside monitoring, and multi-tiered file review to protect your tax credit allocation.

Initial Certification Annual Recert Income Limits AOC Submission Average Income Test
02

Section 8 / HCV Administration

Expert administration of Housing Choice Voucher and Project-Based Section 8 programs. HAP contract processing via TRACS/MINC systems, HQS/NSPIRE inspection coordination, rent comparability studies, and contract renewal strategy.

HAP Processing TRACS/MINC HQS Inspections Contract Renewals
03

Housing Authority Partnerships

Experienced in working alongside public housing authorities on RAD conversions, PBV transactions, repositioning projects, and mixed-finance developments. We understand the unique overlay of HUD regulations and local PHA administrative plans.

RAD Conversion PBV Repositioning Mixed Finance
04

Nonprofit Portfolio Management

Dedicated management services for nonprofit owners and co-managing general partners. We coordinate with social service providers, implement resident services programs, and ensure mission-aligned operations that satisfy regulatory and community requirements.

Co-GP Coordination Resident Services Mission Alignment
05

Asset Management & Reporting

Annual operating budgets, monthly and quarterly operating reports, audited financial statement coordination, and insurance compliance monitoring. We use Yardi Voyager and RealPage OneSite for transparent, investor-ready reporting.

Yardi Voyager RealPage Investor Reporting Budgeting
06

Lease-Up & Stabilization

From new construction and acquisition-rehab lease-ups to stabilized asset management, our team manages income-qualifying, waitlist administration, marketing in compliance with AFFH requirements, and lottery system coordination.

Lease-Up Waitlist AFFH Marketing Acquisition/Rehab
Who We Serve

Built for the Affordable
Housing Ecosystem

Whether you're a public housing authority, LIHTC developer, nonprofit owner, or Section 8 administrator, our team understands your regulatory environment and partnership obligations.

Housing Authority

Housing Authorities

PHAs navigating RAD conversions, Section 18 demolition/disposition, moving-to-work, and mixed-finance development structures.

LIHTC Developer

LIHTC Developers

Developers with new construction and rehab projects requiring compliance expertise from lease-up through the 15-year compliance period and beyond.

Nonprofits

Nonprofits & CDCs

Mission-driven organizations that serve as general partners or co-GPs and require management that respects both compliance requirements and resident-service commitments.

Section 8

Section 8 Owners

Project-Based Section 8 and Housing Choice Voucher property owners seeking expert HAP administration, HQS/NSPIRE inspection prep, and contract renewal support.

Affordable housing property
Why PHA Management

Exclusively Focused
on Affordable Housing

"Conventional property management adapted for affordable housing isn't good enough. Compliance requires a team built for it from the ground up."

Unlike general property management firms that treat affordable housing as a specialty, PHA Management was purpose-built for the LIHTC, Section 8, and public housing ecosystem. Every team member is trained in HUD Handbook 4350.3, Section 42 income certification, and the layered funding structures that define today's affordable housing transactions.

Compliance Expertise

Protecting Your Credits
Requires Deep Specialization

Non-compliance isn't just a penalty — it can trigger IRS Form 8823 filings, credit recapture, state agency sanctions, and investor litigation. Our multi-tiered review process is built to prevent that.

We manage the full tenant certification lifecycle — initial move-in certifications, annual and interim recertifications, and household composition changes — in strict accordance with IRS rules and HUD Handbook 4350.3 REV 1. Our team monitors 120-day verification windows, administers income and rent limits at the unit level, manages the Average Income Test set-aside elections, and submits Annual Owner Certifications (AOCs) to state allocating agencies on time. Every file undergoes multi-tiered review before execution.
The Housing Opportunity Through Modernization Act (HOTMA) brings significant changes to income calculations, asset definitions, and household eligibility rules. HUD's delayed implementation date of January 1, 2027 for HUD Multifamily programs gives owners a window to prepare — but preparation requires action now. We implement HOTMA-compliant policies across tenant files, income verification workflows, and regulatory agreement requirements as required by state agencies and CHFA-type allocating authorities.
Our team administers Project-Based Section 8, Housing Choice Voucher, and other HUD Multifamily programs in strict accordance with HUD Handbook 4350.3. We process HAP payments through TRACS and MINC systems, coordinate HQS and NSPIRE inspections, manage waiting list administration in compliance with AFFH and equal-access requirements, and handle HAP contract renewals and rent comparability studies.
HOME Investment Partnerships program funding adds a layer of regulatory complexity when layered with LIHTC or Section 8. We administer HOME-specific income targeting requirements, rental restriction periods, annual monitoring, and reporting to Participating Jurisdictions (PJs). Our team understands the interaction between HOME and LIHTC income-averaging elections and ensures your property satisfies the most restrictive applicable requirement.
Rental Assistance Demonstration (RAD) conversions and Project-Based Voucher (PBV) transactions transform public housing into Section 8 or mixed-finance projects with distinct compliance overlays. We manage the transition, including relocation plans, LIHTC/RAD layering compliance, PHA administrative plan coordination, and ongoing HAP contract administration under the new regulatory structure.

Our Compliance Framework

A structured, multi-tiered approach to protecting tax credits and HAP contracts across your portfolio.

  • 120-day verification window tracking for all certifications
  • Multi-tiered file review before every move-in and recert
  • Income & rent limit updates applied automatically at unit level
  • NSPIRE & HQS physical inspection preparation and remediation
  • Annual Owner Certification (AOC) preparation and submission
  • Layered funding overlap analysis (LIHTC + HOME + Section 8)
  • IRS 8823 avoidance monitoring and corrective action plans
  • HOTMA-ready policies across all applicable properties
  • Yardi/RealPage-integrated compliance tracking and alerts
Schedule a Compliance Review
How It Works

Onboarding a New Property

A structured transition process designed to identify compliance gaps, establish reporting workflows, and protect your asset from day one.

01

Portfolio Assessment

Review regulatory agreements, existing files, funding sources, and compliance history

02

File Audit

Full audit of tenant certification files, HAP contracts, and income documentation

03

Corrective Plan

Address any gaps, update procedures, and establish compliance tracking workflows

04

Management Transition

Seamless onboarding with agency notification, system migration, and staff coordination

05

Ongoing Oversight

Monthly reporting, proactive recertification reminders, and annual compliance monitoring

Get in Touch

Let's Protect
Your Portfolio

📍
Office PHAmanagement.com
Affordable Housing Specialists
✉️
📞
Schedule a Call Use the form to request a consultation and we'll be in touch within one business day.
Our Specialties
LIHTC / Section 42 Section 8 / HCV Housing Authorities Nonprofits & CDCs RAD Conversions HOME Program HOTMA Compliance Lease-Up Management PBV Transactions HUD 4350.3

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Tell us about your property and compliance needs.

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