Description
Welcome to the essential guide for property managers navigating the complexities of the Low-Income Housing Tax Credit (LIHTC) program! Authored by industry expert A. J. Johnson, this comprehensive manual is meticulously designed to equip property managers with the knowledge and tools needed to ensure compliance and optimize property operations under the LIHTC program.
- In-Depth Analysis of LIHTC Basics: Understand the foundational elements of the Low-Income Housing Tax Credit, including defining a project, meeting the minimum set-aside, and determining income limits and maximum rents.
- Manager's Role Clarified: Learn the critical responsibilities of property managers in maintaining compliance and ensuring the success of LIHTC projects.
- Comprehensive Compliance Strategies: Discover detailed procedures for initial resident qualification, income verification, documentation processes, and recertifications.
- Addressing Special Occupancy Issues: Navigate complex issues such as student status, leases, public use, transfers, and combining programs with ease.
- Advanced Management Techniques: Explore advanced topics like gross rent floors, utility allowances, and dealing with noncompliance to maintain the highest standards in property management.
- Updates on Recent Legislative Changes: Stay informed about the latest changes to the LIHTC program, including updates from HUD's HOTMA rule and the new Average Income minimum set-aside.
- Expert Authorship: Written by A. J. Johnson, a seasoned professional with decades of experience in LIHTC compliance and property management.
- Easy-to-Follow Format: The guide is structured to provide clear, concise, and actionable information without overwhelming the reader.
- Up-to-Date Information: Reflects the latest regulatory changes and industry best practices to keep you ahead of the curve.
- Valuable Resource for All Levels: Whether you are a site manager or a senior-level property manager, this guide serves as a reliable reference for every stage of LIHTC management.
"As I complete this update in April 2024, the LIHTC program continues to be a vital tool for affordable housing. This guide is crafted to be your go-to resource, providing the essential information and practical advice needed to navigate the complexities of the program. My goal is to inform and simplify, helping you achieve compliance and operational excellence."
Don't miss out on this indispensable tool for LIHTC property managers. Equip yourself with the knowledge and expertise to excel in your role and ensure the success of your LIHTC projects. Order your copy of The Professional Property Manager's Guide to the Low-Income Housing Tax Credit (2024 Edition) now.