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LIHTC Property Management Book
2010 Edition
The LIHTC Property Management Book guides readers through the most up-to-date information on the complex field of LIHTC compliance monitoring. The 2010 edition provides important new information on income and rent limits, utility allowances and building rules and regulations, as well as Change 3 of HUD Handbook 4350 and the IRS 8823 Guide. The LIHTC Property Management Book also includes key sample IRS forms, a sample utility allowance schedule and federal tax law sources.
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here to view the Table of Contents.
Testimonials:
"We at the Housing Authority of The City of Tampa, Florida have been self managing our mixed-use properties for the last three years and I have been using the LIHTC Property Management Handbook as the bible for running a tax credit property. This helps insure that my managers and I are in compliance with all of the rules and regulations. I purchase a new book every year to insure that we are up to date with all changes.
With all of the different layers of finances needed these days to be able to build an affordable property, property management sometimes finds itself in a situation in which the program rules conflict with each other and I have found the LIHTC Property Management Handbook is a great resource to find out which way to go."
Michael A. Butler
Assistant Director for Asset Management
The Housing Authority of The City of Tampa, Florida
Tampa, Fla.
"For us at MCA Housing, the Handbook has all we need in one book. So valuable it is as a resource to us, I’ve made it required reading for my staff and highly recommended to all of our agents.
In our library, we’ve replaced several reference books with one copy of the Handbook. It’s the first place I go to for answers. IRS Forms, a copy of the HUD Handbook and Treasury Regulations, just to name a few of the vital references in its pages. It’s so complete the only thing missing is the kitchen sink."
Michael Snowdon
Vice President, Asset Management
MCA Housing Partners LLC
Gardena, Calif.
Low-Income Housing Tax Credit Handbook
2010 Edition
The 2010 Low-Income Housing Tax Credit Handbook contains a trove of updated information on legislation that affected the LIHTC program in 2009 and early 2010. Significant to this edition are in-depth updates to and analyses and IRS clarifications of the Housing and Economic Recovery Act (HERA) of 2008 and the American Recovery and Reinvestment Act (Recovery Act) of 2009 and their measures, including TCAP and the credit exchange program. Updates on the management of LIHTC property include incorporation of Change 3 of HUD Handbook 4350 and the IRS 8823 Guide, as well as the most recent data on qualified census tracts and difficult to develop areas. This leading authoritative guide for affordable housing owners, developers and managers, as well as for those who counsel them, is an essential part of all tax credit housing professionals' libraries.
Click
here to view the Table of Contents.
Testimonials:
"The LIHTC Handbook is the bible of our industry, and an indispensable 'how-to' guide for anyone - veteran or newcomer - who needs to gain a comprehensive understanding of this complex subject. We make it required reading for everyone on our team, and our people refer to it on a daily basis."
Michael A. Costa
President
MCA Housing Partners LLC
Gardena, Calif.
"Novogradac & Company LLP’s Low-Income Housing Tax Credit Handbook is an excellent and comprehensive guide for all who work in the low-income housing tax credit industry. It is an invaluable resource. If you are serious about your business you must have it on your book shelf. The book provides all of the resources necessary for dealing with the complex body of federal laws of the IRS; HUD rules and policies that direct the LIHTC program. Filled with valuable information, the Low-Income Housing Tax Credit Handbook is a must-have for every LIHTC professional. Our business would not be as successful without this resource; it is a must have."
Frank Hawkins
Executive Director
Community Development Programs Center of Nevada
Las Vegas, Nev.
"When I formed a real estate development company focusing on affordable housing, my first two acquisitions were Novogradac & Company LLP's Low-Income Housing Tax Credit Handbook and the Tax-Exempt Bond Handbook. These resources have been an integral part of our decision making process as we maneuver through the complex world of affordable housing financed by tax credits and tax-exempt bonds. These handbooks have contributed directly to our success as a developer of affordable housing."
Kipling S. Sheppard
President
Wasatch Advantage Group
Mission Viejo, Calif.
2009 - 2010 Income Limits Comparison and Maps
The U.S. Department of Housing and Urban Development (HUD) on May 14 released income limits for 2010. HUD also announced on May 12 that it would eliminate the hold-harmless policy in estimating Section 8 income limits. These two developments could mean significant changes for owners and managers of affordable housing. Chart these changes with Novogradac & Company LLP's 2009-2010 Income Limit Comparison (with and without the hold-harmless policy). With just a few clicks of your mouse and receipt of your order, you will receive by email the versatile Excel document which contains:
- a quick and comprehensive comparison of last year's income limits with this year's for more than 3,200 counties
- an informative look into those U.S. counties, Guam, Puerto Rico and the Virgin Islands that have increased or decreased income limits
- individual spreadsheets for counties in Florida, Ohio, Texas, and California, adjusted for the hold-harmless policy
- maps of affected areas showing percentage of change