Specialized Brokerage & Management for Regulated Housing Assets
At Royo Management Inc., we understand that LIHTC and affordable housing properties are not just real estate — they are regulated assets governed by complex agreements and long-term compliance obligations.
Our team combines licensed brokerage authority, deep compliance expertise, and a network of mission-aligned partners to guide owners, developers, and syndicators through acquisition, management, and disposition with confidence.
1. LIHTC & Affordable Housing Disposition (Sales)
Selling a regulated affordable housing property is not a typical transaction. Whether you’re approaching Year 15, pursuing a Qualified Contract exit, or addressing an underperforming asset, we help you plan and execute a clean, compliant, and strategic sale.
Our Disposition Services Include:
- LURA & Covenant Review – Identify affordability restrictions and compliance obligations.
- Compliance Risk Analysis – Assess occupancy, rent limits, and inspection history before listing.
- Qualified Contract & Year 15 Exit Planning – Determine eligibility, prepare HFA submissions, and develop repositioning strategies.
- Targeted Marketing – Outreach to pre-screened, mission-aligned buyers.
- Transaction Support – Coordinate rent rolls, tenant files, and compliance audits for a smooth closing.
2. LIHTC & Affordable Housing Property Management
We offer full-service property management tailored to the needs of government- and tax credit-regulated housing, ensuring both operational efficiency and regulatory compliance.
Our Property Management Services Include:
- Annual & Ongoing Compliance Monitoring – Maintain adherence to IRS Section 42, HUD, and state HFA requirements.
- Tenant Income Certification & Recertification – Verify eligibility and complete annual updates.
- Affordability Period & LURA Compliance – Maintain rent restrictions and occupancy standards for the full term.
- State & Federal Reporting – Prepare reports for HFAs, HUD, and other oversight agencies.
- Audit & Inspection Readiness – Prepare for NSPIRE, REAC, and MOR reviews.
3. Regulatory & Compliance Advisory
Even outside of full management or sales, we support owners, syndicators, and asset managers in resolving compliance issues and preparing for oversight.
Advisory Services:
- HUD Management & Occupancy Review (MOR) preparation.
- NSPIRE inspection readiness.
- URA relocation compliance.
- Post-audit remediation planning.
4. Property Preservation & REO Services for Regulated Assets
Vacant or foreclosed regulated properties still require compliance oversight. We protect and prepare them for re-occupancy or sale.
Preservation Services:
- Securing & locking properties.
- Code violation remediation.
- Yard maintenance & full-service cleanouts.
What We Offer:
We help you exit your regulated asset cleanly, compliantly, and strategically. Our services include:
1. Disposition Planning
- LURA and regulatory covenant review
- Compliance risk analysis
- Exit and timing strategy recommendations
2. Qualified Contract & Year 15 Exit Support
- Eligibility and timeline planning
- Submission prep for HFAs
- Post-Year 15 repositioning guidance
3. Brokerage & Marketing
- Targeted outreach to mission-aligned buyers
- Preparation of offering materials that highlight both value and restrictions
- Buyer screening and education
4. Transaction & Compliance Support
- Coordination of rent rolls, income certifications, and file audits
- Communication with HFAs, syndicators, attorneys, and buyers
- Closing support and post-sale transition guidance
Who We Work With
We serve:
- LIHTC developers and general partners
- Syndicators and investor-owned portfolios
- Nonprofits and housing authorities
- Faith-based and mission-driven property owners
- Buyers seeking affordable housing assets
We also work with asset managers who need to clear properties from portfolios while maintaining reputational integrity and compliance.
Let’s Build a Strategy for Your Exit
Whether you need to sell one property, manage a portfolio, or resolve compliance challenges, Royo Management Inc. brings regulatory clarity, deal structure, and buyer access to every project.
Contact Us Today →
