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The Texas Department of Housing and Community Affairs (TDHCA) has made available the 2023 Annual Owner’s Compliance Report (AOCR) and Annual Owner’s Financial Certification (AOFC). To access the reports, log into the Compliance Monitoring and Tracking System (CMTS) found at https://www.tdhca.texas.gov/compliance-monitoring-tracking-system.

New requirement this reporting year:  TDHCA is requiring all properties that have elected the Average Income Minimum Set-Aside to provide a list of Qualified Group of Units for each Housing Tax Credit Project. Please review Section 42(g)(1)(C) for additional details.

All reports are due on April 30, 2024. Any part of the AOCR/AOFC received after the April 30, 2024, deadline is considered late and the owner will be issued a notice of noncompliance.

If the property has any TDHCA-issued Tax Exempt Bonds, Part D must also be submitted by uploading the filed Form 8703 for the preceding calendar year to the Property’s CMTS account. Be sure to select “IRS Form 8703” as the document type and submit to the attention of Charles Stites.

As a reminder, the first report is due the second year after an award. Therefore, if you received an award in 2022, even if your property is still under construction, the report is due by the aforementioned date. If the property has no occupancy, all parts of the report are still due including submitting a blank Unit Status Report (USR).

For updated resources, please visit https://www.tdhca.texas.gov/compliance-monitoring-tracking-system.

For instructions on Part A of the report, please visit https://www.tdhca.texas.gov/compliance-reports.

For questions about this email, please contact the following:

Issues with CMTS: [email protected]

AOFC: The following is a link to instructions for submitting the report:  https://www.tdhca.texas.gov/sites/default/files/pmcdocs/19-AOFC-Instructions.pdf.

For questions or issues regarding the submission of the AOFC, please contact your property’s Asset Manager, who can be identified at  https://www.tdhca.texas.gov/asset-management-contact-list.

Parts A, B or C: TDHCA Director of Multifamily Compliance, Wendy Quackenbush at (512) 305-8860 or at [email protected].

Part D: TDHCA Compliance Monitor Charles Stites at (512) 475-0287 or at [email protected].