LIHTC Essentials Compliance Training

  • LIHTC Essentials Training

This two-day webinar dives into details for the Low Income Housing Tax Credit program. This new training is designed to teach participants all federal regulations and OHFAs particular policies for LIHTC compliance. This is a two day webinar series. Participants can register for one or both days. Day one will be more LIHTC basics while day two will cover more advanced LIHTC topics. Register for both days to complete the entire training. Participants will learn:

Participants will learn:

Day 1:Day 2:
  • Intro to the LIHTC Program
  • Minimum Set Asides
  • Rent and Income Limits
  • Qualifying Households
  • Utility Allowances
  • LIHTC Student Rule
  • Verifying Earned and Unearned Income
  • Verifying Assets
  • Record Keeping and Retention
  • Audits and Annual Reporting
  • Placing in Service
  • Next Available Unit Rule
  • Unit Vacancy Rule
  • And More!

Registration

All training sessions will be held from 12:30-4:30pm.


Continuing Education Credits

The training session will fulfill OHFA's Qualified Allocation Plan (QAP) training requirement in order to obtain IRS Form 8609 and provide 4 hours per training (total of 8 hours for both webinars) of continuing education credit for the Specialist in Housing Credit Management (SHCM) and the Housing Credit Certified Professional (HCCP) certifications.


Questions?

For more information, please contact compliance_training@ohiohome.org.