01
20-50
20-50 set-aside
At least 20% of units at 50% of area median income.
IRC §42(g)(1)(A)
ExactEstate runs IRC §42 enforcement as a first-class platform behavior — not a module you license. Rent ceilings validate at lease save, income limits resolve at TIC approval, the 140% Available Unit Rule recomputes nightly, and AIT averages compute live with pass/fail status.
20 minutes. No sales pitch. See exactly how we handle your program.
One blown TIC at file review, one missed AUR transition, one rent over the ceiling — and the project loses credits.
Most platforms bolt LIHTC on as a licensed module with ceiling checks that run on a delay. ExactEstate runs IRC §42 enforcement as a first-class platform behavior: rent ceilings validate at lease save, income limits resolve at TIC approval, the 140% rule recomputes nightly, and every state HFA TIC generates the moment a certification is approved.
PBV · HCV · PBRA, one installLIHTC compliance software enforces the rules of IRC §42 throughout a property's compliance period.
It covers applicable fraction calculation (§42(c)(1)(B)), minimum set-aside elections (§42(g)(1), with the 20-50 / 40-60 thresholds), Average Income Test averaging (§42(g)(1)(C) and IRS Notice 2022-12), the 140% Available Unit Rule (§42(g)(2)(D)(ii)), Extended Use Period tracking (§42(h)(6)(B)(i)), and the Treasury Reg. §1.42-5 recordkeeping that withstands an IRS site audit — producing the state HFA Tenant Income Certification (TIC) for the property's state.
At least 20% of units at 50% of area median income.
At least 40% of units at 60% of area median income.
Units average 60% AMI across designations from 20% to 80%.
Ceiling enforcement, the 140% rule, AIT validation, and state TICs on one install — not a licensed module with checks that run on a delay.
Recomputes every unit against 140% AMI, nightly.
When a household crosses, an over-income event is flagged with the program and remediation path, and the Next Available Unit Rule engages for the building. The Compliance Hub surfaces NAUR state with the citation chain to IRC §42(g)(2)(D)(ii) and IRS Form 8823 Line 11c.
Designations 20–80%, averaged to 60%.
Per-property AIT election, per-unit designations at 20/30/40/50/60/70/80% with effective dates, running-average 60% pass/fail validation, and inline designation editing per IRS Notice 2022-12. With AIT elected, AUR threshold logic shifts accordingly.
One-click recalc, per building per year.
Covers unit fraction, square-footage fraction, and the resulting applicable fraction. Citation: IRC §42(c)(1)(B) — min(unit fraction, floor space fraction).
Native PDF generators for 13+ states.
CA TCAC, NY HCR, TX TDHCA, FL FHFC, OH OHFA, MI MSHDA, GA DCA, IL IHDA, MD CDA/DHCD, CO CHFA, NC NCHFA, PA PHFA, and AK AHFC. Per-state templates resolve by property state, with 100+ form fields mapped per template.
Placed-in-service to extended-use, visualized.
Placed-in-service date, initial compliance end, extended-use end, a visual countdown with color-coded urgency, progress bar, and a configurable alert window (Treas. Reg. §1.42-5 + §42(h)(6)(B)(i)).
By ZIP and FIPS, one click to apply.
Auto-import from the HUD User API by ZIP and FIPS, with statewide fallback and interpolation, 30/40/50/60/70/80% tier support, and one-click “Apply to Designations.”
LIHTC, HOME-Low, and PBS8 at lease save.
At lease save, the platform validates the LIHTC ceiling, the HOME-Low ceiling, and the PBS8 contract rent simultaneously. The lease cannot be saved over the floor; errors itemize designation, price, utility allowance, total, and limit.
Asset, wage, benefit, and expense — each verified.
Each TIC sub-record is independently verifiable with file upload, verified-by, and verified-date — asset records (imputed asset income at the HOTMA passbook rate), wage, benefit (HUD income codes), rental assistance, and expense records. DocuSign-integrated TIC signing with frozen PDF snapshots per event.
At lease save and at certification, ExactEstate resolves the most restrictive rule across every layered program — then freezes the result and generates the state TIC.
LIHTC, HOME-Low, and PBS8 ceilings validate simultaneously.
Asset, wage, benefit, and expense sub-records are each verified.
The rule engine returns the most restrictive income limit for the household size.
A frozen TIC PDF snapshot is filed — no after-the-fact edits.
The per-state HFA template generates automatically by property state.
Certify
Validate
TrackExactEstate generates theoretical-vs-actual rent reports with debit/credit journal entries via background task — required to demonstrate qualified basis for LIHTC compliance. Preview before submit, with a full audit log.
The platform surfaces the actual citation chain in the UI when raising errors: IRC §42(c)(1)(B), §42(g)(1), §42(g)(2)(D)(ii), §42(h)(6)(B)(i), §42(i)(3)(D); Treas. Reg. §1.42-5 / -10 / -12; IRS Notice 2022-12; Rev. Proc. 2004-82; and IRS Forms 8609, 8703, and 8823.
HOTMA income and asset rules flow through LIHTC TIC calculations on layered properties: the revised §5.609 income definitions, §5.611 deductions, the §5.618 asset threshold, and the §5.617 de minimis rule wherever LIHTC runs alongside HUD-assisted programs.
$300 flat per month for portfolios under 100 units. We tell you upfront, not after you sign.
ExactEstate implemented our software in days, not weeks. Any customized request is executed immediately. We now run TRACS submissions, lease signing and background checks all through this single platform. Complete game changer for our team.
Considering this is a tax-credit community, ExactEstate makes daily tasks like recertifications, nightly reports, marketing, intake applications, and delinquencies more fluent to navigate. It's modern, intuitive and low time consuming.
Model LIHTC, HUD, Section 8, USDA, and TRACS at once — on the same unit.
Explore the hub Related spokeNative TRACS 203A submission through ShofCorp for PBRA and Multifamily operators.
View TRACS Related spokeHUD Handbook 4350.3, HUD-50059, EIV, MAT files, and MOR-ready audit trails.
View LIHTCOn a 60% AMI / 40% AIT property — layered with HOME and Section 8, so you can watch the rule engine resolve the most restrictive ceiling automatically.
Book a Demo