For property managers in the Low Income Housing Tax Credit (LIHTC) program, income is now harder to measure than ever before.
On top of COVID-related income and retirement accounts, other tenant income from Uber, Lyft, Venmo, Zelle, and cryptocurrency are just some of the many internet-based and gig-economy income and asset sources that have emerged lately; with more appearing daily.
During NAHB’s webinar, Handling Change, Qualifying Households: Basics & Emerging Issues for LIHTC Properties Thursday, June 30, 2-3 p.m. ET, learn how to calculate emerging types of income and assets. In addition, speakers will discuss key areas where many state LIHTC agencies are adjusting long-held best practices. Participants will leave the webinar better prepared to deliver excellent LIHTC compliance results while handling constant change.
Webinar participants will:
- Learn about federal updates that are not found in the HUD Handbook yet, so that you can make accurate, up-to-date tenant qualification determinations.
- Identify how to calculate emerging types of income and assets, such as gig economy jobs, cryptocurrency, and ABLE Accounts.
- Gain an understanding of both sides of debated "hot topics" to better discuss these with state LIHTC policymakers.
The webinar is free for HCCP Designees, Affordable Housing Group Members and all NAHB Council Members.
Register today. Participants can earn one hour of continuing education credit.