Conquering LIHTC Compliance

This interactive course takes a deep dive into the laws and regulations governing the Low-Income Housing Tax Credit program. Through detailed explanations, real-world scenarios, and practical exercises, participants will gain a solid understanding of how to maintain compliance and why it is vital for project success.

Monitoring overall project compliance is one of the most intricate aspects of LIHTC administration. Our trainer will break down challenging topics such as annual credit calculations, income and rent limit determinations, and compliance with minimum set-asides and deep targeting. The training also covers essential standards for household eligibility and critical reporting requirements to ensure ongoing adherence to IRS guidelines.

TOPICS INCLUDE:

• Calculating earned income, unearned income, and income from assets
• Leasing requirements and student eligibility
• Managing project set-asides and eligible basis
• Determining rent limits and applying utility allowances
• Implementing best practices to stay in full compliance

WHO SHOULD ATTEND

This training is ideal for anyone involved in the management, compliance, or oversight of LIHTC properties, including:

• Property Managers and Assistant Managers who are responsible for leasing, income verification, and day-to-day compliance.
• Compliance Specialists and Coordinators who oversee file reviews, reporting, and adherence to LIHTC regulations.
• Owners, Developers, and Asset Managers seeking a deeper understanding of compliance obligations and risk management.
• State Housing Finance Agency Staff who monitor LIHTC projects or provide compliance guidance.
• Investors and Syndicators who want to strengthen their knowledge of LIHTC operational requirements.
• Housing Consultants and Trainers looking to expand their technical expertise in affordable housing programs.

Whether you’re new to LIHTC or have years of experience, this training provides the knowledge and confidence needed to effectively navigate and manage LIHTC compliance.

WHAT YOU WILL TAKEAWAY

• Instructor: Gary Kirkman, Director of Compliance Training
• Type of Instruction: In-Person Presentation
• Certificates of Attendance will be provided within 7 business days after the training.
• Continuing Education Hours (CE Hours): 19 Hours, which can be applied to US Housing Consultants ACE Designations.
• Reference Manual Provided: A Reference Manual will be provided at training.

Note: Training will be conducted in accordance with HOTMA regulations. Some information may be supplied to attendees as supplemental. Training will be conducted based on the federal regulations and not state specific. 

This training is in partnership with the Kansas Housing Resources Corporation.