Low Income Housing Tax Credit Training

The Low Income Housing Tax Credit (LIHTC) is an important resource for creating affordable housing in the United States today. Created by the Tax Reform Act of 1986, the LIHTC program annually gives state and local LIHTC-allocating agencies budget authority to issue tax credits for the acquisition, rehabilitation or new construction of rental housing targeted to lower-income households. Quadel has a long history in providing LIHTC services that will directly benefit those who participate in our LIHTC course.

Training Calendar
LIHTC Compliance Specialist

Course Details

This comprehensive course provides an in-depth introduction to the Low-Income Housing Tax Credit (LIHTC) program, equipping participants with the knowledge and skills necessary to effectively manage LIHTC properties and ensure compliance with program regulations.

  • In-Person Course Length: 2.5 days with two-weeks to complete the online examination (paper exam upon request).
  • Online Course Length: Five, four-hour daily sessions, and two-weeks to complete the online examination.

Course Overview

The LIHTC Compliance Specialist course covers the following key areas:

LIHTC Program Fundamentals

  • History and background of the LIHTC program
  • Overview of program structure and objectives
  • Key stakeholders and their roles

Regulatory Framework

  • IRS regulations and guidance
  • HUD Handbook 4350.3 requirements
  • State-specific compliance rules

Eligibility and Compliance

  • Minimum set-aside requirements
  • Income and rent limits
  • Tenant eligibility determination
  • Student status rules
  • Utility allowances

Financial Aspects

  • Tax credit calculation and allocation
  • Applicable fraction and qualified basis
  • Credit periods and compliance periods

Ongoing Compliance

  • Annual recertifications
  • Next Available Unit Rule
  • Vacant Unit Rule
  • Property inspections and file reviews

Reporting and Record-keeping

  • Required documentation and forms
  • File organization best practices
  • Compliance monitoring and reporting

Who Should Attend?

  • Property managers and compliance specialists
  • Asset managers and owners
  • Developers and syndicators
  • Housing authority staff
  • Anyone involved in LIHTC property management or oversight23

By completing this course, participants will gain the expertise needed to navigate the complexities of the LIHTC program, ensure property compliance, and maximize the benefits of this crucial affordable housing initiative

Current Month

February

24feb(feb 24)1:00 pm28(feb 28)5:00 pmLIHTC Compliance Specialist - Online - FebruaryOnline, Instructor-Led Seminar (Note: This course is from 1-5 ET)