A.J. Johnson will be presenting Keys to Successful Operation of Layered Projects (Making Deals Work with Multiple Funding Sources) on January 25, 2023, at 11:00 AM (EST). This class will be offered through Colorado Housing and Finance Authority’s chfareach educational programming for affordable housing property owners and managers. A link for course registration is included below.
The development of affordable rental housing is a complex undertaking that often requires a combination of programs to succeed. While the foundation of most affordable rental housing today is the Low-Income Housing Tax Credit Program, the tax credits alone are often not enough to ensure project feasibility. Successful properties often must “layer” programs in order to work. Such programs include the HOME program, Section 8, Public Housing, and the Rural Development Section 515 program. Regardless of which programs are used together, management must understand the rules of all, and be able to implement them at the project level. This four-hour session will cover some of the most common pitfalls when managing layered properties and provide guidance on the knowledge required to be successful. Questions and discussion will be encouraged, and attendees will be able to ask specific questions about the issues facing their properties.
The link to register for the session is https://www.chfainfo.com/rental-housing/chfareach/all-events#id=11455&cid=986&wid=501