LIHTC Fundamentals

"Learn how to properly manage LIHTC assets. Includes a bonus regulatory update about HOTMA!" 

Synopsis:

With this fresh approach, your staff will walk away fully trained in LIHTC compliance. And dare we say... we make it fun! Experience firsthand the positive, comfortable, high-energy learning atmosphere that defines the delivery of comprehensive LIHTC information by Karen Graham and Stacy Day.  Their presentation style, teaching methods and stories shared from her own years on the other side of the podium make her the authentic and enjoyable instructor who captures and holds people’s attention.  You’ll leave with the knowledge you need and the confidence to apply it.

Topics Covered

• Six key requirements for Managing a LIHTC property
• Complete review of the major players and governing documents & project info
• Determine maximum incomes, maximum rents and utility allowances
• Qualifying Residents & Income Certifications: determining household composition, processing an application, verifying income & assets, calculating household income & assets, and the full time student rule. 
• Ongoing Compliance: lease requirements, move ins, re-certifications, transfers, special rules for live in care attendants, changes in household composition, layering of programs, file maintenance, and compliance monitoring.