Given the number of natural disasters occurring during 2017, this webinar replay will provide the rules governing whether low income housing tax credits (LIHTCs) are allowed or disallowed when a project is out of service due to a casualty event. It will detail what factors determine the allowance or disallowance of LIHTCs and discuss timing issues that may mitigate the potential loss of LIHTCs.
Participants in this webinar replay will:
- Evaluate the impacts of claiming LIHTCs based on timing of the casualty event and the project restoration period
- Recognize differences in the casualty event rules for properties located within a Federally-Declared Disaster Area
- Gain insight regarding claiming LIHTCs after casualty events through scenarios and recent real-world examples
Speaker(s): Terry Kim and Nicholas Czibur, CohnReznick, and Oke Johnson, LEDIC Realty Company, LLC
NAHB Continuing Education: 1.0 hours of continuing education credit for the HCCP designation and for the following 12 designations: CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP, MIRM.
Cancellation and Refund Policy: No refunds are issued for webinar replays upon purchase. However, NAHB regularly reviews these products and reserves the right to remove replays that are no longer current. If you are unable to view a replay during your 12-month access period, please contact Sheila Coble.