Advanced LIHTC Compliance

This 5-hour course, presented by AJ Johnson, is intended for senior management staff, developers, corporate finance officers, and others involved in decision-making concerning how credit deals are structured. This training covers complex issues such as eligible and qualified basis, applicable fraction, credit calculation (including first-year calculation), placed-in-service issues, rehab projects, tax-exempt bonds, projects with HOME funds, Next Available Unit Rule, employee units, mixed-income properties, vacant unit rule, and dealing effectively with State Agencies. It also includes a full discussion of the new Average Income Minimum Set-Aside. This course also includes a full discussion of major IRS positions.

A calculator is required for this course (if taking the exam, note that cell phone calculators may not be used during the exam).