Advanced LIHTC Compliance

Session Information

Location:

Live Webinar

Date & Time:

03/20/2024 - 09:00 AM (ET)

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

This 5-hour webinar*, presented by AJ Johnson, is intended for senior management staff, developers, corporate finance officers, and others involved in decision-making concerning how credit deals are structured. This training covers complex issues such as eligible and qualified basis, applicable fraction, credit calculation (including first-year calculation), placed-in-service issues, rehab projects, tax-exempt bonds, projects with HOME funds, Next Available Unit Rule, employee units, mixed-income properties, vacant unit rule, and dealing effectively with State Agencies. It also includes a full discussion of the new Average Income Minimum Set-Aside. This course also includes a full discussion of major IRS positions. <br/><br/> NOTE: This course in combination with the Intermediate LIHTC (offered on Dec. 12th) covers all testable areas of the HCCP and SHCM exams. Attend both days via a convenient live/interactive webinar, then join us in Richmond on Dec. 14th to sit for the HCCP exam (requires separate registration).

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
10/16/2024 Guidelines for Annual Rent Adjustments on HUD Projects Live Webinar Not Applicable Live Webinar 2024-10-16
10/16/2024 Ensuring LIHTC Compliance at Year-End (including Average Income Reporting) Live Webinar Not Applicable Live Webinar 2024-10-16
09/26/2024 Intermediate LIHTC Compliance Live Webinar Not Applicable Live Webinar 2024-09-26
09/17/2024 Income & Assets Live Webinar Not Applicable Live Webinar 2024-09-17
09/10/2024 Basic LIHTC Compliance Live Webinar Not Applicable Live Webinar 2024-09-10

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.