May 7, 2024 at 1:00 - 3:00 PM Eastern
In this webinar, Amanda Lee Gross will discuss the Income Limit and Rent Limit requirements for the LIHTC program and will detail how to stay in compliance with the limit requirements for multiple housing programs.
Selecting the correct Income and Rent Limits for LIHTC projects is never easy. Still, when additional housing programs are also funding the project, the determination of the current limits can become very complicated and is further compounded by the consequences that apply when an owner/agent violates these limits.
A property that uses the wrong income or rent limits could rent units to ineligible households. Being able to recognize this could save investors and owners significant losses. Developing the skills to recognize the risks of using the wrong income limits or maximum rents is an invaluable skill for housing professionals.