Elaine Chang is a partner in the San Francisco office of Novogradac. Ms. Chang has experience in affordable housing and community development, including new markets tax credit (NMTC) and low-income housing tax credit transactions. She has worked extensively on financial statement audits, tax return preparation, final cost certification audits and NMTC allocation applications. Additionally, she is experienced in providing attestation services via issuance of agreed-upon procedure reports to ascertain whether a qualified active low-income community business meets the requirements pursuant to the NMTC program, whether a NMTC allocatee meets the operating income distribution test to its owners, and whether a NMTC allocatee meets the substantially all test. Ms. Chang has contributed articles to various publications including the Novogradac Journal of Tax Credits. She received a bachelor’s degree in finance from Walsh College in Michigan. Ms. Chang is licensed in California as a certified public accountant.