Members: $99 Non-Members: $139
Instructor: Heather Staggs
Income averaging provides an additional way for developments to qualify for the LIHTC. On January 30, 2020 the IRS issued Revenue Ruling 2020-4 that provides additional guidance on calculating income limit designations for units in a project that has selected the Average Income Test to qualify for the Minimum Set-Aside threshold. This webinar will give an detailed overview and the new guidance.
Additional Topics We will Discuss:
Unit Designations and Property Mapping
Compliance Considerations
Leasing
Next Available Unit Rule
Income Limit Calculations