The FDIC established the Affordable Housing Disposition Program (AHP) to enhance its ability to sell single-family and multifamily properties that will benefit Low-Income families. In return for purchasing a property at a price below the fair market value, purchasers agreed to make units available to Low and Very Low-Income households at affordable rents. The rent and income restrictions are designed to ensure that the property serves families needing affordable housing.

AHC monitors compliance of FDIC properties in the state of Minnesota.

Download the FDIC Owner's Manual

FDIC compliance can be broken down into 5 main categories:

  • 1 Qualifying Units
  • 2 Maximum Rent and Income Limits
  • 3 Tenant File Requirements
  • 4 Income and Asset Documentation
  • 5 Annual Reporting

New to FDIC?

Your goal is to rent a specific number of units at an affordable price to “low-income” or “very low-income” households. To accomplish this, you need to know the rent limit that determines an affordable rent and the income limit that defines a low and very low-income household. Next, you want to ensure the household has signed the required documents and that you have appropriately verified and documented income and assets. In addition, you are required to report the status of your property to AHC on an annual basis.

AHC is here to educate and guide you through this process! Our monitoring efforts are meant to assist property managers and owners by providing insight into performance and recommendations for program implementation improvement.

FDIC Compliance Forms & Reporting Tools

Download compliance forms; including annual report forms, tenant release & consent forms, under $5000 certification, upload instructions and many others.


Frequently Asked Questions

Naomi Hrncir

Naomi Hrncir


The Program Coordinator oversees a workload of approximately 70 projects and is responsible for reviewing and ensuring program compliance of annual reports and supporting documents submitted by project owners and managers. Duties also include reviewing tenant files for compliance with program rules and regulations and sufficient support of tenant eligibility, preparing review letters, and evaluating owner/management responses for adequacy of any clarification and/or corrective actions to annual reports, tenant files, UPCS findings and/or supporting documents.

Questions? Contact Naomi at

Additional Resources

(Handbook 4350.3) Rev 1. Change 4. Chapter 5 of the HUD Occupancy Manual Requirements of Subsidized Multifamily Housing Programs is used for determining income from income sources and assets. Information on deductions, allowances, and calculating rent does not apply to Section 42.