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The Commission's Asset Management and Compliance Division monitors multifamily properties financed with tax-exempt bonds, low-income housing tax credit, and other public funding.       

HOTMA UPDATES (September 2025)

1. UPDATED:  Check out latest revisions made to our HOTMA presentation, located on our Workshops page.
2. AVAILABLE NOW:  HOTMA - updated Tax Credit Compliance Procedures Manual and Tax Credit FAQs!
3. AVAILABLE NOW:  HOTMA - updated BOND Compliance Procedures Manual and BOND FAQs!
4. Check out HOTMA FAQs here (last updated April 2025).

NEWS AND HIGHLIGHTS

NEW: Registration for the May Tax Credit Fundamentals workshop in Spokane is now open, register here!

NEW: We have published an RFP for contractors who can perform analysis of alternate utility allowance methods to help us approve/deny alternate UA method requests.  Anyone interested in responding to this RFP should review the proposal posted to the Commission’s RFP web page here. 

NEW: LIHTC Inspections FAQ is now available. Click here to view.

NEW: Fair Housing Training: Federal Fair Housing Basics - offered for free in partnership with the Northwest Fair Housing Alliance (NWFHA). To ensure you can access this training at no cost, please follow the registration instructions here.

NEW: List of Fair Housing Agencies in Wahington State is now available. View here.

NEW: HB 1217 Rent Stabilization Fact Sheet & FAQ is now available. View here.

UPDATED: WBARS schema has been updated and is now available. View here.

UPDATED: HUD has released its inflationary adjustments for calendar year 2026 (pertaining to income/asset thresholds and exclusions, passbook rate and mandatory deductions).  Note that the Asset Limitation (for eligibility purposes), and the Adjusted Income deductions DO NOT apply to the Tax Credit or Bond program. 

NEWLY UPDATED: Portfolio Analyst project assignments have been updated for 2025 annual reporting - including our newest Portfolio Analysts! Please find your property’s monitoring Portfolio Analyst here!

 

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Asset Management and Compliance: 206.464.7139 /800.767.4663 in WA

  04/23/2026