In today’s heightened and ever so complicated financial and regulatory environment, real estate firms nationwide are being held more accountable now then ever before to ensure their organization’s global compliance with new and evolving regulations is solid. Dunlap & Magee’s accomplished in-house affordable program compliance department oversees all areas of program compliance including new regulation and rent / income qualification implementations, monitoring agency inspection coordination, reporting, support and responses, on-site pre-audits and staff training. In addition, Dunlap & Magee’s Compliance Officers can perform file reviews and approvals, providing clients with an additional layer of risk management mitigation by ensuring on-site teams are well educated regarding program compliance and that applicant / resident files are kept in accordance with all program guidelines, monitoring authorities’ requests and Dunlap & Magee’s policies.
Dunlap & Magee’s in-house affordable program compliance department provides oversight for various programs which include, but are not limited to the following:
Full Service Active Adult, Senior & Disabled Communities
Mixed Income Rent Tiered Developments (Rental Target Approach)
Federal Home Funds Programs
HUD Section 236 Loan Restricted Program
HUD Section 8 Subsidy Programs
HUD BMIR Cooperative Housing
Bond Housing Program
FDIC (RTC) Affordable Housing Disposition Program
Industrial Development Authority (IDA) Programs
RAD & RAP
Dunlap & Magee cultivates and maintains positive and cooperative relationships with the many monitoring agencies; these symbiotic relationships are key components in developing, maintaining and facilitating the associations necessary to further our clients’ best interests.