Details: This course is being offered in partnership with Mid-Atlantic AHMA. Online registration for these sessions is handled directly by Mid-Atlantic AHMA.
Description
Course Description
Designed for more experienced managers, supervisory personnel, investment asset managers, and compliance specialists, this 5-hour program expands on the information covered in the Basics of Tax Credit Site Management. A more in-depth discussion of income verification issues is included as well as a discussion of minimum set-aside issues (including the Average Income Minimum Set-Aside), optional fees, and use of common areas. The Available Unit Rule is covered in great detail, as are the requirements for units occupied by students. Attendees will also learn the requirements relating to setting rents at a tax-credit property. This course contains some practice problems but is more discussion-oriented than the Basic course.
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A battery-operated calculator is required for this course (cell phone calculators are acceptable for the class only; a battery-operated calculator is required when taking the exam).
Live Schedule
Training Date
Training Name
Location
Details
State
City
Sort Date
12/12/2024
HCCP Review and Exam
Richmond, VA
Virginia
Richmond
2024-12-12
12/11/2024
Advanced LIHTC Compliance
Live Webinar
Not Applicable
Live Webinar
2024-12-11
12/10/2024
Intermediate LIHTC Compliance
Live Webinar
Not Applicable
Live Webinar
2024-12-10
On Demand Schedule
Course Information
Details
Dealing with Tenant Assets
This two-hour course provides a detailed discussion of requirements related to the determination of asset value and income, and is applicable to all federal housing programs, including the low-income housing tax credit, tax-exempt bonds, Section 8, Section 515, HOME, and Public Housing. Multiple types of assets are covered, both in terms of what constitutes an asset and how they must be verified. The course concludes with a series of problems, designed to test the ability of the attendee to determine the value of an asset and calculate the income from that asset.
Compliance with Federal & State Fair Housing Requirements
The course “Compliance with Federal and State Fair Housing Requirements” will equip attendees with the knowledge and understanding needed to avoid fair housing violations. The course curriculum is centered around the regulations in the two major fair housing laws, The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) and Section 504 of the Rehabilitation Act of 1973. The course also includes a discussion of the additional state and local protected characteristics. In addition, relevant portions of the American with Disabilities Act (ADA) are covered. The purpose of the Fair Housing Act is to eliminate housing discrimination, promote economic opportunity, and achieve diverse, inclusive communities. Professional fair housing training assists in this mission by ensuring that housing professionals understand both the rights of the public relative to fair housing and the duties and responsibilities of real estate professionals.
The Average Income Minimum Set-Aside: Requirements & Best Practices
The Average Income Minimum Set-Aside Test was added to the LIHTC program in March 2018. While it is being implemented successfully on many properties, there remains a good deal of industry-wide confusion about the use of the AI set-aside and the risks involved. This one-hour live webinar will review the requirements of the AI, discuss the risks of this set-aside, and provide best practice recommendations for implementation of the Average Income test. The Webinar will be presented by A. J. Johnson, a nationally recognized expert on affordable housing who has already provided compliance oversight on multiple properties using the AI set-aside.