Program Compliance Accounting
MHDC requires monthly occupancy
reporting to help MHDC staff better understand development and market areas
that are having occupancy difficulty. All properties involved in the MHDC
Fund Balance, Low Income Housing Tax Credit, and HOME programs with 13 or
more units must submit monthly occupancy statistics.
Occupancy Submission Policy
Occupancy information must be
submitted through MHDC’s Asset Management Reporting System (AMRS)
https://amrs.mhdc.com by the 10th of each month. A user name and
password is required to access this system.
Properties are required to
report the number of vacant units for each bedroom size and provide the
number of people listed on the property’s waiting list.
If the reported occupancy is
below 85%, the property will be required to answer additional questions
to better explain the reasons for the underperforming occupancy. Note: A
property must be reported on the commission watch list if occupancy is
below 85% for three consecutive months.