This webinar airs from 1 to 4 p.m. ET (10 a.m. to 1 p.m. PT)

This webinar provides a look at several crucial factors of a low-income housing tax credit (LIHTC) property's construction completion and initial lease up that—if ignored or not properly understood—can jeopardize its ability to maximize both its first-year and its Year 2 through Year 10 tax credits.

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Instructors

• First-year weighted average applicable fraction vs. 12/31 applicable fraction
• When a unit can first count as LIHTC qualified
• Excess basis in first-year credit calculation for 9% deals
• Form 8609 Line 10c – minimum set-aside election
• Form 8609 Line 8b – multi-building project election
• Rent floor election
• Occupancy threshold for implementing new utility allowances
• Record retention requirements
• Form 8609 Line 10a – postponing Year 1 of credit period
• Avoiding 2/3 (“15-year”) credits
• Rental concessions
• Previously qualified then vacated units as of beginning of Year 1 of the credit period
• Different credit periods for buildings in the same project
• Claiming credits without receiving Forms 8609

Initial lease up and first-year credit issues for acq/rehab deals are addressed in a separate webinar

Target Audience

The webinar is primarily intended for LIHTC property owners and asset managers, but we welcome on-site managers, as well as anyone interested in ensuring that the property generates the full amount of tax credits it was awarded. A basic understanding of the LIHTC program is recommended.

CPE Information
Terms and Conditions
Receiving Login Info and Handouts

Registration Rates*

Standard: $135
Nonprofit: $120
Multiple Registrations: $115/person ($100/person for nonprofits)

For questions or registration assistance, please contact us at 415-356-7960 or email [email protected]

*The standard and nonprofit registration fee for live webinars and for webinar recordings covers a SINGLE VIEWER ONLY. If multiple persons within an organization wish to view the webinar and/or its recording (regardless of whether they view it on a single computer or multiple computers), the organization must purchase a registration for EACH person.