A. J. Johnson
Mr. Johnson has been involved in the development and management of residential and commercial enterprises since 1976. Prior to creating his own consulting firm, Mr. Johnson served as Executive Vice President of Beacon Construction Co. of Newport News for 12 years. Before joining Beacon in August 1983, Mr. Johnson was with K-Mart Corporation, Portsmouth Redevelopment & Housing Authority, and Suffolk Redevelopment & Housing Authority.
While with the public housing agencies, Mr. Johnson was responsible for the implementation of a variety of federally funded programs, including public housing, Section 8 housing, housing rehabilitation (single family and multi-family), Community Development Block Grant (CDBG), Urban Development Action Grants (UDAG), Urban Homesteading, and was a Section 202 Housing Consultant.
In his position at Beacon, Mr. Johnson was responsible for all development work relating to new projects and for ensuring the long-term financial feasibility of all projects undertaken by Beacon.
Mr. Johnson coordinated the development of over 70 multi-family housing complexes utilizing federal, state, and conventional financing, of which more than 40 used the federal low-income housing tax credit.
Mr. Johnson is President of A.J. Johnson Consulting Services, Inc., a full service real estate consulting firm specializing in due diligence and asset management issues, with a particular emphasis on properties utilizing the Low Income Housing Tax Credit.
Mr. Johnson conducts numerous seminars on housing related issues, including the Low Income Housing Tax Credit Program, Fair Housing, Section 8, HOPE VI, Tax Exempt Bonds and the HOME Program, and is a nationally recognized speaker on many areas related to the real estate industry. He has also been invited to train on tax credit compliance by the numerous State Housing Finance Agencies, Boston Financial, JP Morgan, and SunTrust Bank and is responsible for tax credit compliance in a multi State area for AIG Global Partners. He has also been authorized to instruct in Fair Housing and Tax Credits by the Virginia and Delaware Real Estate Commissions. He is the author of A Professional Property Manager’s Guide to the Low-Income Housing Tax Credit, now in it’s 11th. edition, which is specifically written to assist site and property managers in maintaining tax credit compliance. Mr. Johnson also assists clients in the structuring of projects that utilize tax-exempt bonds, including bonds issued by states, municipalities, and qualified 501(c)(3) organizations or governmental units, HOPE VI funding, and HOME funds.
Mr. Johnson served as a technical advisor to Congressional staff during the drafting of both the Low-Income Housing Tax Credit Program and the Fair Housing Amendments Act of 1988.
Mr. Johnson provides training in asset management, Section 8, fair housing and tax credit issues for numerous housing finance agencies, including Virginia, North Carolina, Mississippi, Georgia, Wisconsin, New Hampshire, Maine, Vermont, and Florida. His company has performed asset management reviews on more than 5,000 properties containing approximately 460,000 units since January 1995, and Mr. Johnson is a contributing author to The Low Income Housing Tax Credit Advisor, as well as being a member of the Board of Advisors to The Tax Credit Housing Management Insider, a monthly tax credit compliance guide. Currently, Mr. Johnson is a training advisor to the Housing Credit Certification Board of the National Association of Homebuilder’s, which is responsible for implementing the requirements of a national certification examination for tax credit management personnel, and carries the designation of “Housing Credit Certified Professional” (HCCP). Mr. Johnson was also a member of the Task Force that developed the Housing Credit Certification Exam on behalf of NAHB, and is a NAHB recognized Section 42 Trainer.
Mr. Johnson is Past President of both the Council for Affordable and Rural Housing, and the Rural Rental Housing Association of Virginia. He is also past-President of Homebase of the Virginia Peninsula, the agency responsible for coordinating services to the homeless on the Virginia Peninsula.
Mr. Johnson holds the S.T.A.R. (Spectrum Training Award Recipient) designation for demonstrated expertise in the regulations and management principles of Rural Rental Housing and is a Housing Credit Certified Professional (HCCP©).
Mr. Johnson has a degree in Political Science from Old Dominion University in Norfolk, VA.