Veteran industry trainers discuss basic Housing Credit program requirements, including income and rent restrictions, qualified allocation plans, federal preferences and criteria, financial feasibility analysis, types of Credit, eligible basis calculations, and compliance monitoring. TRAINERS Thomas Giblin, Partner | Nixon Peabody LLP Alexandra Lawson, Associate | Nixon Peabody LLP Thomas Stagg, Partner | Novogradac & Company […]
Hear about successful strategies for integrating resident services into development budgets for family, elderly, and permanent supportive housing. Consider development structuring issues, underwriting criteria, and service funding strategies, as well as tools for measuring the capability of service providers. Understand the vital link between housing and the delivery of health and other services. DISCUSSION LEADER […]
Read More… from Developing Service-Enriched and Supportive Housing (HCC18)
Leading tax advisors examine the Tax Cuts and Jobs Act of 2017 and the short- and long-term effects on the existing Housing Credit portfolio and new investments. Gain an understanding of the impact of the reduced corporate tax rate on Credit pricing and investor yield calculations, as well as changes in depreciation rules, interest deduction […]
Industry compliance experts explore current issues in Housing Credit compliance, including income limit and utility allowance updates, fair housing enforcement action, and the impact of natural disasters and casualty loss events. Understand how the new income averaging option will impact compliance monitoring. DISCUSSION LEADER Susan Westbrook, Supervisor of Rental Compliance Operations | North Carolina Housing […]
Nationally renowned architect Michael Pyatok discusses key strategies for controlling Housing Credit development costs at the design stage and the importance of good design in securing public acceptance of affordable housing. SPEAKER Michael Pyatok, Principal | Pyatok Architecture and Urban Design Delivered during NCSHA’s Housing Credit Connect 2018 […]
Preservation advocates join allocating agency representatives to discuss development and compliance challenges in the Housing Credit portfolio. Explore recapitalization of Year 15 properties, workout strategies, qualified contract policies, ownership transfers, and enforcement of affordability restrictions and other compliance requirements in the extended use period. DISCUSSION LEADER Susan Eliason, Director of Housing Development | Delaware State […]
Read More… from Strategies for Preservation and Continuing Compliance (HCC18)
On June 15, 2018, the National Council of State Housing Agencies (NCSHA) provided comments to the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) on their recommendations for items that should be included in the 2018-2019 Priority Guidance Plan, as requested in Notice 2018-43. In the letter, NCSHA requested additional guidance, requirements, […]
Read More… from NCSHA Comments on 2018-2019 Priority Guidance Plan
On June 13, 2018, the National Council of State Housing Agencies, on behalf of the state Housing Finance Agencies and other Low Income Housing Tax Credit allocating agency members, composed a letter to the Department of the Treasury and Internal Revenue Service to ensure the successful implementation of the recently enacted new minimum set-aside election […]
Read More… from NCSHA Income Averaging Letter to IRS and Treasury
On June 12, 2018, NCSHA submitted comments to the Federal Housing Finance Agency (FHFA) on its proposed rule amending the Federal Home Loan Banks’ (FHLBs) Affordable Housing Program (AHP). The comments express support for FHFA’s goal to modernize the AHP regulations to allow the FHLBs more flexibility and discretion in how they allocate their funding, […]
Read More… from NCSHA Comments on FHFA Affordable Housing Program Amendments
