CHFA offers qualifying developers low-interest mortgage loans to help finance their affordable multifamily housing developments in Connecticut. Owners and management agents of CHFA-financed multifamily properties must comply with operating rules and restrictions that are designed to ensure the long-term provision of high quality, affordable housing. Recipients of CHFA Multifamily Mortgage loans are required to regularly provide CHFA with documentation that demonstrates their compliance with specific financial, insurance, property, tenant and lease requirements.
CHFA Multifamily Mortgage loans are subject to the Regulatory Agreement and all other Loan Documents.
Some of the Compliance Reporting Requirements are as follows:
Questions? Contact your CHFA Asset Manager.
Financial
AFS Reporting Handbook
This is a list of Frequently Asked Questions about CHFA's Audited Annual Financial Statement Reporting Requirements.
CHFA Annual Financial Statement Workbook
This excel workbook contains a Financial Input worksheet which feeds the required Supplemental Forms HM 6-50, HM 6-51A or HM 6-51B (whichever is applicable) and HM 6-52. When used by a DOH Congregate development, the Input sheet will also populate automatically. (Rev. 11/2024 Effective FYE 12/31/2024)
CHFA - DOH Budget-Interim Workbook
This workbook is used by developments to project their Annual Operating Budgets and their Capital Improvements for the coming year. It is also used for submitting Interim Statements.
Insurance
Lease Addendums
Mgmt. Plans & Mktg. Docs.
CHFA - Weekly Marketing Report
This fillable form is used by a property manager to report how occupancy is progressing with a development which is renting-up.