Low Income Housing Tax Credit (LIHTC)
& Optional HOME A.C.E Certification

LIHTC-Flyer and Registration Form 2022

*2-Day Course + Optional HOME A.C.E. Designation Exam on Day 3*

Instruction: JUNE 20th & 21st (8:30 am – 5:00 pm) *lunch included*

Optional A.C.E. Certification Exam: JUNE 22nd (8:30 am Review / 10:15 am Exam )

  • WHO SHOULD ATTEND: This seminar covers fundamentals & advanced material designed for management agent staff and
    front-line on-site staff managing Section 42 tax credit properties which may be combined with HOME funds. It is an excellent
    review course for the veteran, or to obtain the HOME Accredited Compliance Expert (A.C.E) designation.
  • WHERE: RLA Learning & Conference Center, 850 Cranberry Woods Dr., Cranberry Twp, PA 16066 *New location*
  • CAN’T ATTEND IN PERSON? Virtual Option available! FAQ: https://www.us-hc.com/webinar-frequently-asked-questions/

This 2-1/2 Day hybrid seminar will include the following training topics:

1. Processing Applications & Certifications
– Applications, screenings & interviews
– Occupancy standards, preferences & restrictions
– Household size
– Verification requirements
2. Student Eligibility
– Applicability
–  Determination of independent student
–  Determining parent eligibility
– Monitoring student status
– Treatment of ineligible students
3. Determining Asset Income
–  Intro to assets
–  Overview asset inclusions & exclusions
–  Imputing asset income
–  Disposed assets
–  Review of common assets
4. Determining Income
– Method of determining (earned vs. unearned)
– Overview of income inclusions & exclusions
– Overview of earned income sources
– Overview of unearned income sources
5. Leasing & Certification Requirements
– Tenant income certification form Leasing & Certification Requirements Cont.
– Lease requirements
– Recertification & over-income tenants
6. Project Development
– Forms of HOME Assistance
– Cost allocation
– Project eligibility requirements
– Development deadlines
– HOME agreements
7. Physical Property Standards
– New construction
– Rehabilitations
– Capital Needs Assessment (CNA)
– Accessibility requirements
8. Lease-Up
– Income limits
– Rent limits
– Leasing deadlines
– Uniform Relocation Act & Sec 104(d)
9. Compliance Monitoring
– Property inspections
– File inspections
– Noncompliance
– Reporting requirements

The (optional) HOME – Accredited Compliance Expert (A.C.E.) Exam:
The HOME Accredited Compliance Expert (A.C.E.) Exam will test participants’ ability to understand the HOME Program requirements to maintain compliance. Participants will be provided with 2.5 hours to complete the exam consisting of 75 questions. Test takers will be required to score at least 65% for accreditation & the exam is open book. The exam can be taken in-person or online.

 INSTRUCTOR: Amanda Gross from US Housing Consultants. As Vice President of Training and Compliance Policy, Amanda Lee Gross brings her vast experience in affordable housing to our training & compliance services. She learned the affordable housing industry from the ground-up, starting as a site manager and quickly working her way to a Compliance Director. Ms. Gross has leveraged that experience and became a nationally recognized expert trainer in Fair Housing, LIHTC, RD, HUD, and HOME. She has conducted hundreds of training workshops and seminars throughout the country, helping property management professionals become more effective and better able to protect the assets and reputation of companies. Amanda is a thought leader in the affordable housing industry, speaking at several industry conferences each year, and working closely with several state agencies.