This course is designed for professionals in the affordable housing industry, including property managers and compliance professionals who are looking to deepen their understanding of the LIHTC program's household qualification process. In this course, we will explore the essential procedures and regulations that govern the qualification of households for LIHTC properties. Participants will gain a comprehensive understanding of the systematic approach required to ensure compliance with federal and state program requirements. Key topics will include:

• Introduction of property compliance
• Defining Tax Credits
• Development details
• Credit calculation
• IRS form 8609
• Set asides, including average income
• Applicable fraction and credit percentages
• Income and rent limits
• Property acquisitions and rehabs
• The vacant and next available unit rules
• Fair Housing
• Combining LIHTC with other programs

Through a combination of training, workshops, and interactive discussions, students will learn how to effectively apply these processes to certify and maintain qualified households within their LIHTC properties. By the end of this course, participants will be equipped with the knowledge to ensure their properties remain compliant and successful in providing affordable housing.

Purchase access for multiple people using our "For Someone Else" feature at checkout. Groups of 10 or more will receive 20% off their total purchase.