CPE: Novogradac HUD Rent and Income Limits and Your Tax Credit Property Webinar





Learning Objectives:

  • Differentiate between HUD program limits and Multifamily Tax Subsidy Projects (MTSP) limits
  • Define what it means for limits to be “held harmless”
  • Identify what makes a certain property able to apply HERA Special income limits
  • Apply the 45-Day Rule for relying upon old income limits
  • Identify the 50% “Very Low Income” limit and the 60% income limit rows on the MTSP Income Limits Tables
  • Identify the five VLI drivers other than 50% of local median family income and which of the five drivers affects the most areas for the current year
  • Define “Extremely Low Income” and “Low Income” limits
  • Differentiate between Section 8, HOME, USDA and State and Local areas regarding how income and rent limits are determined

Level: Update

Prerequisites: A basic understanding of the LIHTC program and LIHTC rent and income limits

Advance preparation required: None

Recommended field of study: Specialized knowledge

Recommended credit hours: 2

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits for this course are based on a 50-minute hour group-Internet based instructional method and responses to three attendance monitoring activities (usually in the form of polling questions) per credit. Failure to participate in the entire live webinar will result in partial or no CPE credit.

Note: Multiple paid registrants within an organization may choose to watch the webinar on one screen. In situations where small groups view a webinar, in order for multiple members of the group to claim CPE credit it is not necessary for the individuals in the group to respond to polling questions individually. The person logged into the program may respond to the polling on behalf of the group; however, the monitoring of the active participation of the individuals in the small group will be documented and verified by completing Small Group Sign-in Sheet (sent in pre-webinar housekeeping email) and submit it to [email protected].

Policy for addressing concerns or issues with Continuing Professional Education delivered by Novogradac & Company LLP 

Please address any questions or concerns regarding CPE at Novogradac & Company workshops, webinars or on-demand courses to the Events Desk at 415-356-7960 or p[email protected].

Unresolved issues or concerns regarding registered CPE sponsors may be reported to the National Registry of CPE Sponsors and submitted online at www.nasbaregistry.org/cpas/complaints.

Note also that although recordings of most webinars are available for purchase, unless specifically stated, CPE is NOT available for webinar recordings.