FDIC Compliance
FDIC’s Affordable Housing Program is a program that surfaced under the recommendation of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) to assist with the disposal of residential developments while providing affordable housing opportunities. Participants in the AHP must agree to make a small portion of the units in the development available to low and very low income households at affordable, restricted rents. As an incentive to the AHP, participants (which includes public agencies, qualified for-profit and nonprofit housing developers) were allowed to purchase an “eligible” development at or below its’ fair market value. The provisions of this program are required for the duration of the developments deed.
Also in accordance with the FIRREA, the FDIC entered into a Memorandum of Understanding (MOU) with state and local governments (such as Mississippi Home Corporation) to perform the compliance monitoring for participating developments. In accordance with this MOU, MHC work with owners and managers of participating developments to assure that the program rules are both understood and adhered to. In doing this, MHC performs, among other things, periodic on-site records and physical inspection of all participating developments, collect annual administrative fees, and provide on-going technical assistance training.
Need Assistance?
For more information or questions regarding the AOD/COL program, contact your assigned compliance officer or email compliance.htc@mshc.com
Monitoring Staff Territory Map
Compliance Team
Executive Division
Karen Georgetown
Senior Vice President of Program Compliance
Audits & Monitoring Division
The Audits & Monitoring Division is responsible for ensuring long-term compliance with federal and state housing program requirements. This division conducts file reviews and periodic audits of properties to verify ongoing eligibility, habitability, and adherence to Low-Income Housing Tax Credit (LIHTC) regulations. The division works closely with owners, management agents, and developers to identify and correct noncompliance, safeguard resident well-being, and preserve program integrity.
Audits & Monitoring Email
compliance.htc@mshc.com
Shelisa Williams
Assistant Vice President of Compliance Monitoring
Cierra Hughes
Compliance Officer
Danyell Graves
Compliance Officer
Tarsha Jones
Compliance Officer
Patricia Champion
Compliance Assistant for Audits & Monitoring
Dispositions Division
Dispositions Email
compliance.disposition@mshc.com
Multifamily Subdivision
The Dispositions Division, under the Multifamily subdivision, oversees ownership, partnership, and management transitions for properties in the Low-Income Housing Tax Credit (LIHTC) program. This includes reviewing building sales, general partner changes, management company updates, etc. The division ensures all disposition activities are compliant with program regulations, properly documented, and aligned with long-term affordability and regulatory commitments.
Dyamone White
Housing Conversion Officer - Mulitfamily
Single-Family Subdivision
The Single-Family subdivision is responsible for oversight of the Single-Family Lease Purchase Program and the successful conversion of rental units to homeownership. This team guides owners, developers, and management agents through the compliance and reporting requirements specific to lease-purchase developments. Responsibilities include reviewing and monitoring Year 15 planning efforts, and ensuring that units meet health, safety, and affordability standards prior to conversion. The subdivision plays a critical role in preserving long-term housing stability and promoting sustainable homeownership opportunities across the state.
Neshay Jackson
Housing Conversion Officer - Single-Family
Victoria Louisville
Housing Conversion Officer - Single-Family
Physical Inspections Division
The Physical Inspections Division is responsible for conducting on-site property inspections to ensure compliance with federal, state, and program-specific housing standards, including those required under the Low-Income Housing Tax Credit (LIHTC) program. This division evaluates the physical condition of units and common areas, identifying health, safety, and habitability issues. Inspectors work to verify that properties remain decent, safe, and suitable for occupancy throughout the compliance and extended use periods. The division plays a key role in safeguarding resident well-being and supporting long-term asset preservation.
Physical Inspections Email
physical.inspections@mshc.com
Tait Pinkerton
Chief Building Inspector
Sammie Sutton
Building Inspector
Cassandra Smith
Compliance Clerk for Physical Inspections