The Low-Income Housing Tax Credit Program’s Acquisition/Rehab credits have been hugely successful in preserving numerous aging HUD and RD multi-family housing projects. However successful, this layering of funding can create compliance challenges for those responsible for administering these programs for a project. Additionally, the use of HOME funds, needed as gap financing in many of these deals, can further complicate compliance matters.
In this three-hour session Amanda Lee will dive deep to the murky depths of regulations and will bring to light how to maintain compliance with multiple housing programs, such as HUD, RD, LIHTC and HOME funds.
This course is perfect for any compliance professional involved in LIHTC Acquisition/Rehab projects with federal funds, or involved in the day to day compliance operations for a LIHTC project layered with a federal housing program.