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Third-party inspections are proving to be valuable in the redevelopment or new construction of LIHTC properties. A study from SK Collaborative that was published on the National Association of Home Builders website reviewed the third-party inspections of 10 renovated LIHTC properties in Georgia. Half of the properties reviewed by the study were seeking a green certification, which generally requires a third-party verification for certification mid-way through the construction process and again at completion. The properties were seeking certification through NGBS, Enterprise Green Communities and EarthCraft Multifamily.

Of the properties that elected to pursue a green certification, seven failures were found at the mid-construction inspection and six failures at the final inspection. The majority of these failures were due to overlooked building code mistakes during the city inspections. Many building codes overlap with International Residential Code, International Fire Code and International Energy Conservation Code. Other failures were due to incomplete ductwork or ductwork leakage, sedimentation and erosion control requirements.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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