Section 1602 Reporting

Grants to States for Low-Income Housing Projects in lieu of Tax Credits

Annual Report of Compliance.xls

Section 1602 Reporting

OMB: 1505-0218

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Section 1602 - Annual Report of Compliance (OMB Number 1505-0218)





























Under Section 1602 of the American Recovery and Reinvestment Tax Act of 2009 (Section 1602), state housing credit agencies are eligible to receive Section 1602 Payments to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credit Allocation for 2009. The state housing credit agency uses the funds to make subawards. The Section 1602 program temporarily fills the gap left by a diminished demand for low-income housing tax credits. The payments result in the creation and retention of jobs and in an increase in the affordable housing supply.





























The Recovery Act encourages accountability and transparency in the use of funds. This annual report of compliance is in response; it is required under the Grant Terms and Conditions, item 8. To complete the report, enter information for each subaward and submit the report to [email protected] by July 1 each year until information is complete for all subawards (i.e., 15-year compliance period has elapsed). See the instructions in "Section 1602: Post-Subaward Compliance."





























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Compliance in 2010 Compliance in 2011 Compliance in 2012 Compliance in 2013 Compliance in 2014 Compliance in 2015 Compliance in 2016 Compliance in 2017 Compliance in 2018 Compliance in 2019 Compliance in 2020 Compliance in 2021 Compliance in 2022 Compliance in 2023 Compliance in 2024
Name of Project Date Credit Period Began Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N Owner's Certificate of compliance received? Y/N On-site inspection conducted? Y/N If Yes, non-compliance found? Y/N











































































































































































































































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