
Edgewood Management Corporation has an experienced Compliance Department that implements stringent procedures and conducts on-going training programs to ensure strict regulatory compliance for all regulatory programs while providing innovative solutions to complex regulatory issues.
Edgewood Management Corporation takes great pride in providing compliance services to conventional, tax-credit and federally assisted properties. Edgewood’s decades of experience serving a variety of properties has resulted in one of the best and most complimented compliance programs in the industry.
In order to meet the strict criteria of compliance, Edgewood created a full Tax Credit Compliance Program that provides associates extensive training on tax credit compliance. A detailed Low Income Housing Tax Credit Manual was created as a resource and training tool. One-on-one training occurs for new associates as well as necessary on-going training as changes and updates occur in the policies. Edgewood supplements and enrolls our associates in tax credit seminars given by reputable organizations such as Spectrum, NAHMA and Reznick, Fedder and Silverman. All on-site associates are required to achieve the Housing Certified Certified Professional (HCCP) designation from the National Assisted Housing Management Association and the SCHM designation from the National Association of Home Builders. Edgewood ensures that opportunities
to receive these certifications by sponsoring training classes by certified HCCP and SCHM instructors.
As part of Edgewood’s Tax Credit Compliance Program, the Compliance Officer provides routine tax credit compliance audits for all tax credit properties. Edgewood’s Compliance Training Department reviews move-in certifications to ensure that the resident’s are qualified to lease at the properties. The Compliance Training Department reviews income documentation as well as the certification worksheets to determine that the resident family is qualified. Most reviews are done within 24 hours of receipt as to not delay move-ins. In addition, the Compliance Training Department reviews, on an as needed basis, annual re-certifications and also monitors that all annual re-certifications are completed on time.

