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++ New to Sec. 42 Tax
Credits: Learning the Program Basics
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Date: |
Tuesday, May 15th 2012 and Wednesday, October 10th 2012 |
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Time: |
9:00 AM - 4:00 PM |
| Location: |
Blair Arcade
400 Selby Ave, Suite A
St. Paul MN 55102 |
Topics to be covered:
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Written agreements, deeds
and restrictive covenants (LURA)
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Compliance guidance
documents, policies and procedures
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Property standards
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Marketing and tenant
selection, including special populations to
be served; Fair Housing
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Lease terms and tenant
protections
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Reports, record keeping,
and monitoring
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Costs and penalties
associated with noncompliance
Space is limited to 70
registrants. This is an elective training
session intended for new staff or staff who have been working with Sec. 42 for 3 years or less.
Download Registration Form
++ Household Qualification: Income and Rents
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Date: |
Wednesday, May 16th and October 16th 2012 |
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Time: |
9:00 AM - 4:00 PM |
| Location: |
Blair Arcade
400 Selby Ave, Suite A
St. Paul MN 55102 |
Topics to be covered:
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Household composition and
definition of income; special concerns
related to student households
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Initial income-eligibility
verification requirements and guidance,
based on HUD Occupancy Manual 4350.3, Rev. 3
(Chapter 5)
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Income certification and
recertification requirements: focus on
following the Building Map, considerations
for projects with multiple funding sources
or special LURA restrictions
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Analyzing the tenant
application, clarifying and calculating
annualized household income, special
circumstances
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Red flags and best
practices for compliant documentation
methods and recordkeeping
Space is limited to 75
registrants. This is an elective training
session intended for new staff or staff whose
duties
are mainly contact with applicants and residents
to verify and certify income.
Download Registration Form
++Fair Housing
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Date: |
Wednesday June 6th at Woodbury City Hall |
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Time: |
9:30 AM - 3:30 PM |
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Topics to be covered:
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The Fair Housing Implementation Council (FHIC) contracted with AHC to provide fair housing training specific to federal, state and local fair housing laws, affirmative marketing and occupancy rules. The objective of the training is to increase awareness of fair housing laws as well as practical guidance on how to lawfully follow fair housing marketing and occupancy rules. And what happens if you don’t…
Space is limited to 50
registrants. This is an elective training
session targeted to owners, property managers, and asset managers of multi-family projects that receive funding through HOME, CDBG, Sec 42 Tax Credit, TCAP and Sec 1602 Exchange.
Download Registration Form
++ Sec. 42: Preparing and Submitting The Annual Compliance Report
(The Tax Credit "desk audit")
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Date: |
Wednesday October 17th, 2012 |
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Time: |
9:00 AM - 4:00 PM |
| Location: |
Eagan Community Center
1501 Central Pkwy.
Eagan, MN 55121 |
Topics to be covered:
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Preparing your 2012 annual
compliance report: ERP and other required
submissions
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Special report
considerations for the First Tax Credit Year
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How to respond to "desk
audit" review letters
Space is limited to 75
registrants. This is an elective training
session intended for "hands on" site and
property
management staff as well as for compliance staff
who review the work of others.
Download Registration Form
++ Seminar for Owners and Senior Compliance Staff
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Date: |
TBD: Late Fall 2012 |
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Time: |
TBD |
| Location: |
Eagan Community Center
1501 Central Pkwy.
Eagan, MN 55121 |
Topics to be covered:
Annual Update (for all tax credit owners and site/property/asset managers and compliance staff)
- 2011 Suballocator Compliance Manuals
- Overview-Changes in reporting requirements for 2011 ERP; desk audits of compliance reports
- Changes in preparation for property inspections and tenant files reviews
- Special concerns for first year credits, acquisition/rehab projects, and for projects that qualify to cease existing household income recertification
Advanced Compliance Concerns (for all owners and management or compliance staff with significant tax credit experience)
- Detailed review of changes to the HUD Occupancy Manual 4350.3, Rev. 3 (Chapter 5) and IRS 8823 Audit Guide
- Q & A session and AHC "guidance" provided during 2011 in response to questions raised by owners or managers
Space is limited to 125 registrants. Owners and managers of Suballocator projects are given preference for registration.
view the work of others.
Download Registration Form
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