Han: “With the added regulation requiring LIHTC properties to be in compliance with fair-housing and state-imposed regulations, multi-layered restrictions pose an even greater challenge in maintaining compliance.”
IRVINE, CA—While it sounds simple, keeping affordable units habitable when occupied by rent-restricted and income-restricted individuals can be quite challenging, WNC's Kristin Han tells GlobeSt.com. As we recently reported, the firm, a national investor in real estate and community-development initiatives, has promoted Han to VP of compliance.
Han joined WNC in 1997 and brings more than 26 years of experience to her new role. During the past 18 years, she has maintained regulatory and statutory compliance on the company's affordable-housing portfolio, including 900 partnerships comprising multifamily, senior, special-needs, mixed-financing and mixed-use housing. We spoke with her exclusively about some of the challenges of regulatory and statutory compliance in affordable housing.
GlobeSt.com: What are some of the challenges of regulatory and statutory compliance in affordable housing?
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
