Management of Rural Housing Section 515 Properties

This full-day course outlines the basic requirements of the Rural Development Section 515 Program, with particular emphasis on combining the Section 515 program with the federal Low-Income Housing Tax Credit. The training provides an overview of Section 515 Program regulations, including rent rules, resident eligibility, income restrictions, and recertification requirements. The course includes a detailed discussion of combining Section 515 and tax credits, focusing on occupancy requirements and rents, tenant eligibility differences, handling over-income residents, and monitoring requirements.