In this content packed webinar, Amanda Lee reviews the recertification requirements that apply to the Low-Income Housing Tax Credit (LIHTC) program and how a recertification can trigger the applicability of the Next Available Unit Rule. This session also includes valuable tips and red flags to be aware of when processing recertifications .
In this session, Amanda Lee will address the following questions:
- Which LIHTC projects must conduct annual recertification?
- How can noncompliance from a Late recertification be corrected?
- When is the HFA permitted to file an 8823 regarding late/incomplete recertifications, and when are they not permitted?
- Does the Next Available Unit Rule apply to 100% LIHTC Project?
- How is the Next Available Unit Rule apply to project that elected the Average Income Minimum Set Aside ?
Get the answers to these questions and more by attending this webinar!
Author:
US Housing Consultants