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Low Income Housing Tax Credit (LIHTC) Training

Low Income Housing Tax Credit (LIHTC) Training

Fundamental and Advanced Training in LIHTC Compliance

Wednesday, August 28, 2024 at 8:00 AM (EDT) to Thursday, August 29, 2024 at 4:00 PM (EDT)

* Registration open until 8/21/24 at 11:00 AM (EST)

Event Details

Become Proficient in LIHTC Compliance | HCCP Certification - New HUD Laws Effective January 1, 2024

LIHTC Training Options & Cost(s):

  • Complete LIHTC Training & HCCP Exam - TAA Members $789 | Non-Members $889
  • Complete LIHTC Training ONLY (no exam) - TAA Members $589 | Non-Members $689
  • HCCP Exam Only - $204.75| Non-Members $304.75 

Twelve(12) CAPS, CAM, CAS, CALP, and CAMT continuing education credits for completion of training

The Housing Credit Certified Professional (HCCP) is the leading credential in the Low-Income Housing Tax Credit industry, representing the highest level of competency and knowledge, as well as a commitment to the highest ethical standards.

LIHTC Fundamentals Course Description:

  • Six key requirements for managing a LIHTC Property
  • A complete review of the major players and governing documents & project info
  • Determining maximum incomes, maximum rents, and utility allowances
  • Qualifying residents & income certifications:  determining household composition, processing an application, verifying income and 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
  • HOTMA (Housing Opportunities Through Modernization Act) Updates
  • HCCP Exam Preparation

LIHTC Advanced Course Description:

  • LIHTC allocations & determining the value of the LIHTC
  • Project set-asides, eligible basis, applicable fractions, qualified basis, credit percentages, treatment of exempt units
  • Critical periods, the first year of the credit period – lease up and acquisition-rehabs
  • Advanced rent & fee issues
  • IRS forms & correcting non-compliance
  • Unit vacancy rule & available unit rule
    Combining LIHTC w/ other programs
  • Average Income Test
  • HCCP Exam Preparation

How You'll Benefit:

  • Explore the LIHTC compliance rules with Stacy Day, HCCP, SHCM who will put the rules in context with examples and facilitate discussions
  • Share best practices and tips to increase efficiency at your property

TAA's Cancellation Policy click here

For More Information:

Shawna Poteat
Shawna Poteat
M.Ed Education & Credentials Manager Triangle Apartment Association (919)782-1165

About Your Instructor:

Stacy Day, HCCP, SHCM, Vice President of Operations A highly experienced professional in the multi-family property management industry, Stacy Day has over 25 years of hands-on knowledge in affordable housing. Stacy has held Vice President roles in both Compliance and On-Site Operations, so she understands the challenges of keeping the bottom line in check while staying in compliance. Stacy focuses on training tips for lease-ups and resyndications by blending management and compliance operations for optimal results. She has always worked closely with the onsite property staff to ensure a true understanding of what is happening in “the real world”. Her years of experience allow her to provide next-level support regardless of the circumstances.