Know where your score is defensible before submission.

Veltus is a fixed-fee pre-submission review for California CTCAC/CDLAC applicants. We compare claimed points, tiebreaker position, supporting evidence, and recent round outcomes, then return a prioritized memo showing what is defensible, what is exposed, and what to fix first.

Built for 9% and 4%+bond teams that need a second-pass review before the package goes in.

Request a review → See what we check Limited reviews available for active California applications
§ 00Competitiveness lane

Start with the competitiveness lane.

Before reviewing individual exhibits, Veltus frames the project against the relevant region, set-aside, construction type, and recent round outcomes. The goal is simple: understand whether the file is likely competitive enough, and where the score or tiebreaker is exposed.

§ 01What we check

The review covers the places applications lose defensibility.

The deliverable is a concise memo your team can actually work from: claimed score vs. document-supported score, likely tiebreaker exposure, weak evidence, cross-document mismatches, and priority fixes before submission. Findings are delivered with source references where practical.

01Claimed score vs. document-supported score
02Tiebreaker position against relevant recent outcomes where available
03Amenity, attachment, and evidence risk
04Workbook, narrative, entity, date, AMI, rent, source, and use drift
Sample memo · Review findings Example package · Pre-submission review
Review output
Priority memo
Document-supported score · tiebreaker exposure · weak evidence · fix order
01Claimed score vs. document-supported scoreGap foundReview
02Likely tiebreaker exposureBelow laneHigh
03Unsupported or weak point claimsOpenFix first
04Workbook / exhibit / narrative mismatchesOpenRoute
05Recommended next review actionsRankedMemo
California multifamily housing at sunset with illuminated windows, palm trees, and distant hills
§ 02Why this matters

Catch point-loss and disqualification risk earlier.

The review gives PMs, consultants, and leadership one issue list to work from before the final submission window compresses every decision.

01

Know whether the package is worth another push.

Leadership sees competitive position, weak support, and open exposure before filing becomes the default decision.

02

Reduce last-week review chaos.

Support gaps, stale exhibits, and cross-document drift are organized into a fix order instead of scattered across threads.

03

Focus consultant time on disposition.

The memo separates document hunts from judgment calls, so expert review time goes to the decisions that need it.

04

Give the deal team one working issue list.

PMs, consultants, and leadership can discuss the same findings, evidence gaps, and next actions.

§ 03Who it's for

Built for teams carrying real submission risk.

Veltus is built for California LIHTC teams with active applications, resubmissions, tight tiebreakers, or enough internal review volume that missing a small issue is expensive.

Where it helps
PackageProject managers before filingOne clear issue list for score, evidence, ownership, and deadline risk
Deal teamDevelopment and acquisitions teamsA second read on whether the application is ready to keep moving
ConsultantSubmission consultants under deadlineFocused findings for narrative, workbook, attachment, and evidence cleanup
FinanceUnderwriting and capital teamsA check on score assumptions against sources, uses, rents, AMI, and commitments
LeadershipPrincipals and executive directorsA defensible go/no-go view before more time and credibility are committed
PlatformTeams managing multiple pursuitsA repeatable standard for submission readiness across active applications
§ 04Request a review

Review the package before the agency does.

Each engagement is scoped to one application, one deal team, and one submission timeline. The first call confirms package status, timing, review scope, and whether Veltus is a fit.

Request a review → Request review scope Speak with Veltus
Independent review · CA 9% and 4%+bond kirillv@berkeley.edu
§ 05Common questions

Four questions every first call opens with.

FAQ
Q · 01Does Veltus replace our submission consultant?No. Veltus runs before or alongside consultant work. The goal is to surface exposure so consultants and internal reviewers can focus on disposition, not hunting for mismatches.
Q · 02What happens to our package data?Package handling, retention, and confidentiality are agreed before any file transfer. Veltus can work under NDA and can scope review from redacted or limited materials when appropriate.
Q · 03What does onboarding look like?One intake call to scope the file, deal team, deadline, and available materials. Turnaround depends on package complexity and review depth.
Q · 04Is this legal, tax, accounting, or agency advice?No. Veltus is an independent review and analysis service. Findings are intended to support your team's review process and do not guarantee score, compliance, award, approval, or agency treatment.
§ 06Note from the founder

Veltus exists because the most expensive application mistakes often hide in ordinary places: the claim that is not fully supported, the workbook value that moved, the exhibit that stayed stale, or the tiebreaker assumption that no longer clears the lane.

If the cost of a rejected, weakly supported, or non-competitive submission is real to you, I would like to hear from you directly.

Kirill Vassilenko, founder · Veltus · kirillv@berkeley.edu