The Housing Authority of the County of Monterey (HACM) 

HDC offers solutions for resyndication, which seeks a new allocation of credits to ensure preservation of existing low-income housing tax credit properties. A new allocation of credits can help to refurbish and upgrade properties, making them more marketable and making them more environmentally friendly. 

Resyndicating a property can be a daunting task. HDC is here to guide other affordable housing nonprofits to a wealth of experience in navigating this tricky terrain, aiding with both development and complex compliance issues. 

Here are just some of the areas where we can provide assistance: 

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• Coordination with State Housing Finance Agencies (HFA) 

• Review and Development of Qualified Allocation Plans (QAP) 

• Incentives, Requirements, Sustainability Standards 

• Building Code Changes and Retrofits 

• Funding Sources, Affordability Periods, Gap Financing 

• Potential Property Conflicts with New/Old Development 

• Property Reserves and Real Estate Value Transfers 

• Resident Displacement and Relocation 

• Acquisition Credits, Budget, and Operating Information 

• Physical Needs Assessments and Application Assistance