physical inspection updates

CHFA will be resuming our normal physical inspections cycle in January 2023. If your property is due for a management review in 2023, you should expect a physical inspection of the property grounds, building exteriors, common areas, and resident units to occur.

Furthermore, CHFA has implemented a new process to separate the physical inspection component from the file review and management interview. During the calendar year that your property is due for a CHFA review, you should expect to receive two separate scheduling requests: one for the physical inspection and one for the management file review. While these two processes may occur at different times, they both must be completed in the same calendar year, per IRS and CHFA requirements.

One of CHFA’s Physical Inspection Officers, listed below, will contact you to schedule your inspection.

• Alexander Davenport
• Roque Gallegos
• Summer Romero
• Lary Waldron

Physical Inspection Officers will be responsible for conducting inspections on all properties with Housing Tax Credit, tax-exempt bond, and CHFA multifamily loan program financing and will work closely with your property’s Program Compliance Officer to ensure physical inspections occur in an accurate and timely manner.

Your assigned Program Compliance Officer will continue to be your primary point of contact for all questions and concerns related to ensuring compliance with CHFA program requirements and will conduct the management file review component.

CHFA understands that as physical inspections resume, you may have questions about the process and what to expect. Please feel to reach out to us with questions or access resources available on CHFA’s website related to inspections and facility management.