Average Income Requirements and Best Practices

This live 1.5-hour webinar will cover the IRS Final Regulation on the LIHTC Average Income Set-Aside. Affordable housing expert A. J. Johnson will present it and provide a detailed discussion of the regulations. Discussion points will include (1) the minimum set-aside vs. the Average-test, (2) the elimination of the “cliff” test, (3) the Available Unit Rule, (4) the timing of unit designations and changing designations, and (5) Average Income and the Applicable Fraction. There will also be plenty of opportunities for Q&A.