The Asset Management division monitors all multifamily properties that have current CHFA financing for compliance with requirements of the loan. In doing so, it balances CHFA’s fiduciary responsibility of maintaining a sound fiscal structure with its public purpose of providing affordable housing and economic opportunity.

Some CHFA loans are financed with Private Activity Bonds which require compliance under Section 142 of the Internal Revenue Code (covered beginning on page 29 of the .pdf found at this link).  Specific requirements for these types of loans can be found in the property's Regulatory Agreement.

To the right, you can see various resources at your disposal to ensure you are complying with loan stipulations.