09C - LIHTC 103 - ADVANCED UNDERSTANDING THE LOW INCOME HOUSING TAX CREDIT

What you will learn

The Low Income Housing Tax Credit (LIHTC) is a federal program designed to encourage the rehabilitation and development of affordable housing.  It is a dollar-for-dollar reduction of federal income taxes owed by owners/investors in qualified projects.  In this advanced course, you will learn about the percentage applied to LIHTC deals, the Placed in Service Date, Unit Swap Status, Unit Transfers, Commercial Space, Common Areas, and Income Limits.

Audience

This course is intended for any individual in the Affordable Housing Industry who wishes to gain an advanced understanding of the LIHTC program.  It is also a beneficial refresher course for seasoned property managers, compliance analysts, leasing agents, and owners.

Prerequisites

LIHTC 101 - An Introduction to Low Income Housing Tax Credits

LIHTC 102 - Understanding the Low Income Housing Tax Credit