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AWARDS & KUDOS
We’re pleased to announce that CREA’s Indianapolis office earned a spot on the Indiana Chamber’s Best Places to Work in Indiana list for the second year in a row for the medium size company category. Highlighted were CREA’s benefits - supporting growing families, as well as a “work hard, play hard” culture. Results were based primarily on employee surveys.
Another tax season in the books! Thank you to our developer and accountant partners who helped CREA get to the finish line and deliver the Fund audits and tax returns to our investor partners. 2018 was a particularly challenging year due to tax reform and a lot of extra work and review went in to the partnership tax returns and audits. We want to thank you for another successful year! 2019 TAX SEASON
GOOD TO KNOW
2019 HUD Income Limits – The HUD income limits were released on 4/24/2019. There is a 45 day grace period for implementation of new rent and income limits (6/8/19).
On February 26, 2019 the IRS issued new compliance monitoring regulations which decreased the inspection notice requirement from 30 days to 15 days, requires state agencies to inspect units in all buildings and changed the minimum number of units required to be inspected to be based on a project’s size according to the Low Income Housing Credit Minimum Sample Size Chart.
Insurance – Beginning in February, CREA has contracted with D&M Insurance, LLC to service all of insurance monitoring. D&M Insurance will reach out to our partners directly on behalf of CREA for insurance certificate renewals.
SnapInspect – We have gone mobile! CREA has invested in web and application services provided by SnapInspect to conduct our annual site inspections on our phones and tablets. This software allows us to snap pictures and create reports with a tap of a button. We can create and send inspection reports while on the fly between locations.
CREA, LLC / 30 S. MERIDIAN ST, STE 400 MARKETING@CREALLC.COM / CREALLC.COM
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