Page 58 — NCSHA

Implementing Changes in Income Limits and Utility Allowances (HFAi21)

Gain a better understanding of IRS rules and challenges associated with new income limits and utility allowance updates in Housing Credit developments. Explore income-limit trends and the impact of minimum wage increases on tenant eligibility. Discuss the effect of utility allowances on project rents, industry perspectives on rent increases, and special issues related to preservation […]

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 […]

Managing Development Delays and Program Deadlines (HFAi21)

Explore strategies to minimize the impact of construction delays on 10 percent test qualification, the placed-in-service deadline, and other crucial milestones in the development process. Understand IRS rules extending program deadlines and industry perspectives on Credit swaps, tax credit adjuster provisions, and IRS Form 8609 issuance. DISCUSSION LEADER Bob Peterson, Manager, Multifamily Housing and Community […]

Hot Topics in Fair Housing Enforcement (HFAi21)

Expert trainers explain new Fair Housing Act design and construction requirement safe harbors, HUD requirements on assistance animal requests, Violence Against Women Act rules relating to reasonable accommodations and emergency transfers, and how potential changes in fair housing policy and enforcement may impact development and management of affordable housing. PARTICIPANTS Mark English, President | E&A […]

Portfolio Performance in a Pandemic (HFAi21)

Industry leaders discuss strategies for minimizing the impact of the pandemic on existing Housing Credit developments. Explore innovative approaches to rental assistance, provision of social services, marketing, tenant income qualification, property management, and use of technology to enhance project operations and improve asset management. DISCUSSION LEADER Shannon Nardinelli, Compliance Section – Senior Program Manager | […]

Housing Credit Regulatory Forum (HFAi21)

Senior Treasury and HUD officials discuss suspension of statutory provisions, regulatory waivers, and other program guidance in response to the pandemic, plus the outlook for new IRS and HUD guidance, income limits, QCT and DDA designations, and other program news. DISCUSSION LEADER James Tassos, Deputy Director of Tax Policy and Strategic Initiatives | National Council […]

IRS Notice: Public Hearing on Housing Credit Average Income Test

This document is a notice of a public hearing scheduled for March 24, 2021, on proposed Housing Credit regulations for the average income test. View Document […]

Servicing Technology: When to Outsource (HFAi21)

State HFAs discuss the technological solutions they’ve implemented, including debit card payments and mobile apps, for a variety of servicing functions — and how they decide whether to outsource technology development or leverage internal resources. DISCUSSION LEADER Chuck Kracht, Director of Loan Servicing | Idaho Housing and Finance Association PARTICIPANTS Pamela Holmes, Director of Loan […]

Homeownership Financing: The Business of State Housing Finance Agencies (HFAi21)

State HFAs are mission-driven, public-purpose organizations created to further affordable housing priorities within their states. During this session, finance directors discuss how they balance those priorities with the financial management of their HFAs. Gain greater insight into how single-family production and loan servicing can generate revenue to help your HFA do even more for affordable […]