There have been significant changes to the way the income of tenants is calculated for units using Low-Income Housing Tax Credits (LIHTC)
. In addition, formulas for utility allowances have changed. Many multifamily developers and managers need to be aware of these important changes.
NAHB’s webinar Stay Compliant! How to Manage the Latest Income Limits/Utility Allowance Changes & Avoid Costly Errors
, scheduled on March 26, 2-3 p.m. ET, will get you up to speed regarding the latest income limits and utility allowance changes, and help you decide which options make the most sense for your business. From HUD/HOME to HERA Special to MTSP/LIHTC, as well as the recent IRS Revenue Ruling 2020-4, it will all be covered and explained in the webinar.
Taught by Scott Michael Dunn, CEO of Costello Compliance, participants will:
Registration is open until 3 p.m. ET (12 p.m. PT) on Wednesday, March 25
- Better understand how to select the correct income limits and utility allowances.
- Be prepared to implement income limits and utility allowance changes within the required time frames.
- Learn how to always avoid the costly consequences of errors and missed deadlines.
. For questions about registration, please contact Deborah Krat at EdWebinars@nahb.org
or call her at 800-368-5242 x8155.
And don’t forget, you’ll earn 1.0 hour of continuing education credits for the following 12 designations: CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP, MIRM.