Bond Compliance Reports

• 2007 Bond Annual Compliance Report request letters and CCPC Part As were sent out on 11/30/07 to property managers with a copy of the request letter sent to the owner.
• 2007 Bond Annual Reports are due on Monday, January 7, 2008.
• Letter Announcing Clarified Bond Vacant Unit Policy for All Bond Properties  December, 2006
• Letter Announcing Clarified Bond Vacant Unit and Initial Lease-Up Policies for New construction Bond Properties  December, 2006

Report Forms on this Page

• Bond Certificate of Continuing Project Compliance (CCPC)  Part A
  DUE: quarterly on 7th of next month following previous 90 day period or annually on January 07
• Bond Certificate of Continuing Project Compliance (CCPC)  Part B
  DUE: quarterly on 7th of next month following previous 90 day period or annually on January 07
• Affirmative Marketing Report
  DUE: January 07 (if applicable)
• IRS Form 8703
  DUE: March 31 (if applicable)

 Other Compliance Forms

Bond CCPC Part A

Purpose: Owner's certification that the bond project is in compliance with its Regulatory Agreement.  This Bond report requires an original signature of the owner and must be generated from our database.  A copy will be provided with the report request.  For new construction bond projects, the CCPC Part A is completed on a quarterly basis during initial lease-up; the first time the form is due is when the project reaches 10% occupancy.  Thereafter, the form must be submitted every 90 days until the project achieves 90% occupancy.  After 90% occupancy, the report is completed annually.  Annual reports are due January 7th for the previous report year.  Contact the compliance officer assigned to your property if you need a copy of this reporting form:  Compliance Officer Assignment List.

Bond CCPC Part A Sample (PDF)  Revised January 31, 2008.

Bond CCPC Part B

Purpose:  A summary report of rental activity in every Bond income qualified unit during the reporting period. For new construction bond projects, the CCPC Part A is completed on a quarterly basis during initial lease-up; the first time the form is due is when the project reaches 10% occupancy.  Thereafter, the form must be submitted every 90 days until the project achieves 90% occupancy.  After 90% occupancy, the report is completed annually.  Annual reports are due January 7th for the previous report year.  This report must be submitted on legal size paper in our format. Contact the compliance officer assigned to your property if you have questions about how to complete this report: Compliance Officer Assignment List.

This Excel workbook file includes enterable spreadsheet, sample and instructions sheets.  Please enter data on the Excel Spreadsheet after viewing the samples and reading the instructions.  Save this file to your computer before use.

Instructions for download

STEP ONE: Right click the link below (do not open directly from the link)
STEP TWO: Save the file ("save target as") to your computer
STEP THREE: Open Excel then open the file
STEP FOUR: Save your work and send printout with the rest of the report to the Seattle Commission office.  Bond CCPC Part B (Excel) Revised December 20, 2007 (Print set-up scaling now set at 70%)

Also available in PDF* format (print-out only):
Blank Spreadsheet*  (Please use Excel Spreadsheet to enter data)
Sample Form 1  Revised September 13, 2007
Sample Form 2   Revised September  13, 2007
Instructions  Revised September 2007

Affirmative Marketing Report

Purpose: To outline a commission bond project owner’s (or management companies’) actions taken to assure the project’s compliance with marketing for special-needs population. The following properties are required to complete this report: Affirmative Marketing List as of January 2007 (PDF).  This reporting form is completed annually and is due on January 7th for the previous year. 

Affirmative Marketing Report (PDF - printable)  (Word - enterable) Revised Apr 2007
Instructions (PDF*)  Revised April 2007

IRS Form 8703

Blank versions of IRS forms can be obtained at the IRS Website by entering the name of the form in the box marked "Search Forms and Publications for."   An IRS Form 8703 Annual Certification of a Residential Rental Project must be completed when a Bond property falls under Section 142 of the Internal Revenue Code of 1986 (See your Regulatory Agreement)  The Commission will send a reminder letter if we believe a property needs to file this form.  The IRS wants this form filed by March 31st after the close of the calendar year for which the certification is made.  The Commission would also like a copy for our files by March 31st.

NOTE:  Compliance forms have been posted as a convenience for property managers and to provide an efficient means of distributing updates. Please contact us if you would like us to provide you with a paper copy or e-mail a file to you.

Compliance and Preservation Survey.

This page was last modified on 02/06/2007.