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federalUnited StatesLow-Income Housing Tax Creditmonitoring_review

Noncompliance must be corrected within the agency's correction period

lihtc.correction_period.response · v1.0.0

On discovering noncompliance the agency notifies the owner and sets a correction period not to exceed 90 days, extendable for good cause up to a total of six months. The agency files Form 8823 no later than 45 days after the end of the correction period whether or not the condition was corrected.

Useful as a workflow rule: it gives the agent a due date to track for every open finding.
Confidence
high
Effective from
1990-01-01
Last reviewed
2026-08-22

Citations

All sources verified within 1 day
  • Compliance monitoring and certification requirements
    (e)
    regulationSource ↗verified 1d ago