Section 1602 for Project Owners
Established by the Tax Reform Act of 1986, the Section 1602 Low Income Housing program was designed to help low-income individuals and families access affordable rental housing. Project owners play a critical role in delivering this housing and must maintain compliance with all program requirements.
Important: DBAS will NOT accept incomplete applications. Please ensure all tenant applications include all necessary requirements before submission.
Program Documents & Forms
Lease Agreements
Annual Reporting Requirements
Required Tenant Documents
Project owners must ensure all tenants submit complete application packages. The following documents are required for each tenant application:
Compliance & Reporting
Project owners are required to submit annual compliance reports to DBAS. This includes the Owner's Certificate of Continuing Compliance, updated project and tenant forms, and verification that all tenants continue to meet income eligibility requirements.
Failure to maintain compliance may result in program sanctions. Contact DBAS if you have questions about your reporting obligations.