Asset Management Overview of Low-Income Housing Tax Credit Program
Structure of Course:
• Preliminary online session discussing subject concepts, training, formulas (where applicable) and best practices.
• Provide participants with a case-study type set of exercises to complete independently. Independent work is designed to reinforce and build on the training provided in the preliminary online session.
• Follow Up Session to review case study exercises, review any new issues that arise from case study.
Overview of Low Income Housing Tax Credit (LIHTC) program with a focus on how the program makes affordable housing possible. Subtitle of the class might be “Everything they didn’t tell me in the compliance class that I really wanted to know.” The workshop will provide an overview of the history and intent of the LIHTC program, how the LIHTC funds get from investors to the property, and a basic description of how the credits for a property are calculated. Workshop and mini-case study will include hands-on calculation of how the credits are calculated for a project and how the credits blend into the project’s funding plan to make development possible.
Workshop will include two 60 to 90-minute online sessions, with participants completing a mini-case study financial report analysis exercise on your own in the week between the online sessions. and introduces income and expense. Instructor will remain available to participants for questions during the case study. Participants will receive PDF booklets for both sessions and mini-case study booklet/spreadsheet.
See the companion Asset Management Course with Jack Geary HERE.