March 13 Training: Low-Income Housing Tax Credit Basics Workshop
McKonly & Asbury’s affiliate company, M&L Compliance Management (MLCM), is offering a one-day Low-Income Housing Tax Credit (LIHTC) training which includes a brief background on the LIHTC program with an emphasis being placed on Income/Asset Calculations, Qualifying a Household, Re-certifications, and Compliance. This class will be very beneficial to new property managers or managers who may just need to refresh their knowledge.
This training will consist of a general introduction to LIHTC basics including an overview of the compliance and credit periods, the extended use agreement, optional charges, and utility allowances. Household and unit eligibility will be covered as it pertains to HOTMA. Certifying the eligibility of tenants will be covered in detail including (but not limited to) such topics as the application process, asset and income verification, and leases. Compliance and monitoring will be discussed.
ADDITIONAL DETAILS
Wednesday, March 13 at 9 AM – 3:30 PM EST
This training will take place on Wednesday, March 13 at 9:00 a.m. EDT. All participants receive a Certificate of Attendance and a resourceful user’s manual related to this training. This program is live, which offers the opportunity to ask questions and interact with the presenter
About the Author
Elizabeth is a Partner with McKonly & Asbury as well as the Director of our firm’s Affordable Housing Services. She has over twenty years of extensive audit, tax, and consulting experience in the affordable housing industry. Elizabe… Read more
