Low Income Housing Tax Credits

Our Low Income Housing Tax Credit compliance courses are continually updated to reflect the most current requirements. We offer courses suitable for agents and owners as well as courses for both new and experienced on-site staff. Select a course to find out the available formats and to read the course description. For a complete list of courses, download our Signature Course Catalog.

HOTMA for Tax Credit Properties: An Overview - General or State-Specific

Format: 90-minute webinar or conference session
Focus: An introduction to how HOTMA affects tax credit occupancy, including changes to income, assets, exclusions, calculation methods, and verification expectations. The course may be offered as a general overview or tailored to a state that has implemented HOTMA guidance.

Housing Credit Management - With or Without SHCM Exam

Format: three 4-hour webinars or 2 days in person
Focus: A comprehensive, practical tax credit course covering program requirements, unit and applicant eligibility, certifications, documentation, recordkeeping, and compliance management. Available as SHCM exam prep meeting NAHMA course work requirements.

Tax Credit Occupancy: Back to Basics - General or State-Specific

Format: 4 hours in 2 2-hour webinars or 4 hours in person workshop
Focus: A plain-English introduction for new tax credit managers and anyone who needs a refresher. The course covers what the housing credit is, how it differs from other programs, eligibility, the student rule, applications, income calculation and verification, and maintaining compliance. Students will need a calculator.

Tax Credit Occupancy: Intermediate - General or State-Specific

Format: two 3-hour webinars or 6-hour in-person workshop
Focus: A deeper look at the key rules that make LIHTC management challenging, including qualifying applicants, annual recertifications, the Available Unit Rule, Vacant Unit Rule, unit transfers, fair housing screening issues, and VAWA impacts. Mini-quizzes and case studies reinforce the learning.

First-Year Files and Compliance

Format: 90-minute webinar or conference session
Focus: First-year files are the proof that tax credits were earned and properly claimed. This session explains what those files are, what they must contain, where they should be kept, how long they must be retained, and why they are so important to the owner and investors.

LIHTC Unit Rules: Available Unit, Vacant Unit, Unit Transfer

Format: 90-minute webinar or conference session
Focus: A straightforward review of the Available Unit Rule, Vacant Unit Rule, Unit Transfer Rule, and manager unit issues. Participants will work through examples and learn how these rules apply, especially on mixed-income and layered properties.

LIHTC Recertification In-Depth

Format: 90-minute webinar or conference session
Focus: Tax credit recertification is not just a paperwork exercise. This session reviews annual and other recertification requirements, timing, the 140%/Next Available Unit Rule, unit transfers, changes in household composition, re-syndication challenges, blended properties, and how to prevent and cure delinquent annuals.

Self-Auditing Tax Credit Files

Format: 90-minute webinar or conference session
Focus: Self-auditing helps management find problems before the monitoring agency does. This session focuses on common audit issues, including incomplete applications, late recertifications, weak documentation, calculation errors, contradictory verifications, late signatures, and how to correct noncompliance when possible.

Tax Credit Calculations and Verifications

Format: 3-hour webinar or conference session
Focus: Because LIHTC does not use interim recertifications the way HUD does, accurate anticipated annual income is critical. This session reviews verification best practices, income calculations, how to defend the file in an audit, and special issues such as gig income and new-age assets.

Section 42 Noncompliance: How It Happens and How to Repair

Format: 90-minute webinar or conference session
Focus: IRS Form 8823 identifies reportable noncompliance, but managers need to know how problems happen in the real world. This session reviews common mistakes, how to avoid them, how to repair them when possible, and the consequences of failing to do so.

Understanding the Section 42/LIHTC Average Income Test

Format: On-Site: 90-minute webinar or conference session
Focus: The Average Income Test creates opportunities and complexity. This session explains how it differs from the traditional 20/50 and 40/60 minimum set-asides, how to calculate the average, how the applicable fraction works, and what state agency requirements may add to the process.

Managing the LIHTC Utility Allowance

Format: 90-minute webinar or conference session
Focus: A utility allowance mistake can affect rents, compliance, and credits. This session explains how utility allowances affect LIHTC rents, which methods are allowed, when a method should be changed, how other funding sources affect the choice, and what management owes to tenants, owners, and the monitoring agency.

Mastering the Applicant Interview: Protect the Owner's Credits

Format: 90-minute webinar or conference session
Focus: The LIHTC program is unforgiving when an unqualified applicant moves into a credit unit. This session explains how a well-conducted interview supports due diligence, builds rapport, gathers accurate information, protects the owner's credits, and avoids fair housing mistakes.