Average Income Test: Development and Compliance Strategies (HFAi21)
Explore lessons learned from the initial batch of developments electing the Average Income Test minimum set-aside and the industry’s reaction to proposed IRS regulations. Consider emerging best practices in deal structuring, project underwriting, market studies, unit designation, tenant lease-up, compliance monitoring, property management, and noncompliance correction.
DISCUSSION LEADER
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
PARTICIPANTS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Anthony Freedman, Partner | Holland & Knight LLP
Matt Rayburn, Deputy Executive Director and Chief Real Estate Development Officer | Indiana Housing and Community Development Authority
Jennifer Seamons, Executive Vice President of Capital Markets | Ohio Capital Corporation for Housing
