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The Compliance Administrator with 515 - Combo Property (Windows)

Rent Increases for a Combo Property that has both Tax Credit and Section 515 - We entered the Rent Amounts and updated all certs but the Tax Credit Cert still shows the old rent.

A: Our software will not update the Tax Credit Cert automatically. However, you can open the cert and toggle any field to update the rent amount. Then you should be able to print the cert with the new rents.


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When entering a tax credit cert I only have Market listed as a set aside.

A: In the property setup you checked to lock your units by set aside, then when you were entering your units you did not select a set aside for the default. To correct this, click on the Unit button - find the unit and double click it. Scroll toward the bottom of the screen where it says Tax Credit - Lock Units by Set Aside. Each set aside you added should be listed on the left side of the screen showing available. Click on the Set Aside that will be used by this unit, then click Add. This will take the Set Aside to the right side of the screen showing that this Set Aside is used by this property. Now open the cert and input the correct set aside.


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The wrong date was entered at Move Out.

A: Click on the word Property from the Menu Bar, then click Former Tenant List. Find the tenant on the listing and double click them. You will need to edit the lease and update the move out date. Then save.


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Is the Project Entry Date or the Cert Date used for the qualifying income date?

A: The Project Entry Date is used for the Qualifying Income Date.




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