Affordable Housing Compliance Specialists

Compliance Tools

You’ll find some of the most useful low income and affordable housing compliance tools and templates on this page. 

Profit and Loss Statement
Profit and Loss Statement

This is the Profit and Loss Statement form that we give to all of the self-employed applicants and tenants that we work with. This form along with a Self-Employment Affidavit will be essential for any self-employed applicant files.

Size: 37 kb
Published: May 9, 2023
Income & Asset Calculation Sheet
Income & Asset Calculation Sheet

This is the income and asset calculation workbook that we use for all of our affordable housing applicant and tenant files. It is certainly an essential tool for any property with income restricted units.

It can handle adult households up to 4 people or single households with multiple jobs. It also includes places for ‘other’ income sources and asset worksheets so you can use it for the entire household.

Size: 1 MB
Published: May 9, 2023
HUD 4350.3 Chapter 5
HUD 4350.3 Chapter 5

The HUD 4350.3 Manual, Chapter 5 is an essential resource for anyone in the low income or affordable housing space. The HUD 4350.3 Manual, specifically Chapter 5 is the basis for how income and assets are calculated for most every low income housing program across the US. Some state programs have further restrictions, but this is the original source of how to income qualify a low income household.

Size: 402 kb
Published: May 10, 2023