Form SS-4 Application for Employer Identification Number (PDF), Financial Solvency and LIHTC History (PDF), LIHTC Ownership Capacity Certification Form, LIHTC Management Capacity Certification Form, Qualified Contract Notification Letter (PDF), Calculation of Qualified Contract Price Worksheet (Blank) (Word), Calculation of Qualified Contract Price Worksheet (Sample) (Word), Post-Year
HM Other. H Rev 10/2018
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(5.18) Rental Income
PowerPoint Slides (PDF)
(9.9) For Changes to Limited Partner or Upper Tier Member please provide
(3.3) Large Households
The information provided on the website is for general informational purposes only and does not constitute professional advice or an offer to sell or solicitation to buy securities. Lease Addendums LIHTC Newsletter # 45 (PDF) Provides clarification about utility allowance and gross rent violations for the Housing Tax Credit program. EMC Facilities |Land Acquisition Program
Projects Eligible for a Qualified Contract Request. (Link to IRS: see Search Forms and Publications), Life Cycle of a
Online access to policy bulletins, guidebooks, model documents, trainings, webinars and more. endstream
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HUD Handbook 4350.3: Occupancy Requirements of Subsidized Multifamily Housing Programs (November 2013), Civil Rights and Nondiscrimination Requirements (HUD 4350.3, Chapter 2), Eligibility for Assistance and Occupancy (HUD 4350.3, Chapter 3), Income and Asset Determination (HUD 4350.3, Chapter 5), Income and Assets - Included and Excluded (HUD 4350.3, Chapter 5), Exhibit 5-1: Income Inclusions and Exclusions, Acceptable Forms of Verification (HUD 4350.3, Appendix 3), Security Deposits (HUD 4350.3, Chapter 6), Termination of Tenancy (HUD 4350.3, Chapter 8), Rectifying Improper or Inaccurate Information (HUD 4350.3, Chapter 8), Discriminatory Conduct Under the Fair Housing Act (24 CFR, Part 100), Guide for Completing Form 8823: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition (October 2009), Recommended Practices in Compliance Monitoring, Capital Needs Assessments, Operating Cost Databases, and Accountant Opinion Letters, Gross Rent Floor (Revenue Procedure 94-57), Election for Number of Bedrooms for Gross Rent Limitation (Revenue Procedure 94-9), SSI Payments Excluded From Rent (PLR 9526009), HUD Notice Calculating Section 8 Rents (PIH 2003-32), HUD Notice Calculating Section 8 Rents (PIH 2003-22), Safe Harbor to Comply with Eviction and Rent Increase Restrictions in LIHTC Extended Use Commitments (Revenue Procedure 2005-37), Decrease in Area Median Gross Income (Revenue Ruling 94-57), Combined Income of Occupants Counted (Revenue Ruling 90-89), Income Determination Follows Section 8 of U.S. Housing Act of 1937 (IRS Notice 88-80), Assets Documentation (Revenue Procedure 94-65), Calculating Income Limits (Revenue Ruling 89-24), Safe Harbor for over income tenants during first year of the credit period (Revenue Procedure 2003-82), Novogradac & Company LLP's Rent & Income Limit Calculator, Elderly Population Restriction and Meals (PLR 8945036), Assistance Living Facilities Defined (PLR 9740007), Home Health Care Services Option (PLR 8945036), Home Health Care Services Option (PLR 8944042), Community Service Facility (Revenue Ruling 2003-77), Utility Allowance Requirements (IRS Notice 89-6), Utilities Paid by Tenant of Submetered Rent-Restricted Units (IRS Notice 2009-44), Compliance Monitoring Requirements (IRS Final Regulation TD 8430), Assignment of Building Identification Number (IRS Notice 88-91), Extended Use Agreement for Allocations Prior to 1990 (Revenue Ruling 92-79), Long Term Commitment to Low Income Housing (Revenue Ruling 95-49), Recapture Bond Requirements (Revenue Ruling 90-60), Targeted Population Restriction (PLR 8944042), Manager Unit and Application Fees in Rent (PLR 9330013), Answers to 12 Questions (Revenue Ruling 91-38), Acq/Rehab of a Residential Rental Property (PLR 200044020), Memorandum of Understanding Between IRS, HUD, and DOJ, Answering 12 Questions about LIHTC (Revenue Ruling 2004-82), SBSE Memo For Examiners Assigned Low-Income Housing Credit Cases Regarding Noncompliance Resulting from Conflicting Program Requirements, NCSHA Recommended Practices in Compliance Monitoring, Capital Needs Assessments, Operating Cost Databases, and Accountant Opinion Letters, NCSHA Recommended Practices in Housing Credit Allocation and Underwriting, Relief for Projects in Disaster Areas (Revenue Procedure 2007-54), Earthquake Relief for Compliance Monitoring (IRS Notice 94-94), Issues Arising when Qualified Low-Income Buildings are Damaged By Casualty (CCA 200913012). 1D)Yw )z yTsRiu}aJM~Xav?>hY'$8h5Zveq (11.1) Introduction
04/19Carbon Monoxide Detectors & IRS Final Regulations for LIHTC Memorandum, Customer Service Surveys 01/2020
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12/15Certification of Zero Income(Word) (Mandatory MSHDA Best Practice Form), 01/05Income Certification for 125-150% AMGI(PDF) (5.16) Stocks, Bonds, Treasury Bills, Certificates of Deposits, Money Market
Grantees are encouraged to adapt the suggestions to fit the resources within their individual communities and to meet the needs of their program. (2.16) Utilities Paid by Owner
TheDevelopment Owner agrees to indemnify, defend and hold NIFA harmless with respect to the use of information submitted with respect to the Development. Act as a facilitator for requests of prospective purchasers by referring them to the appropriate contact personsfor the Development Owner. Revised August, 2019: Disaster Area Temporary Relief / added link to LIHTC compliance web page that contains the following: 1. The 30% subsidy, commonly called the "automatic 4% tax credit," is for new construction that includes additional subsidies or that can be used for the acquisition cost of existing buildings. 01/05Income Certification for 125-150% AMGI(Word), 11/13HUD 50058Sample Form 0 0 18 18 re H Upon receipt of aDevelopment Owner's request to exercise its option year (Notification Letter and Qualified Contract Price Form and Worksheets), NIFA staff will proceed as follows: In order for NIFA to assist in making information available to potential purchasers of affordable housing properties, the Development Owner must cooperate in such effort and is responsible for providing certain information. The program is Calculating Assets 101- Part 1 & Part 2 Training
NCHM is the best source for LIHTC Certification through Tax Credit Specialist (TCS), the premier accreditation program in the industry, delivered online by leading experts. (11.5) Post-Year 15 Training
0.75293 g We use cookies on this site to provide a better experience with content and analytics. The building must remain in compliance and is subject . P \ Le$A2* 206-587-5113 | Contact Us
0.5 0.5 17 17 re HUD Forms - Can be found on theHUDCLIPSwebsite. (9.2) Maintaining Credit Set-Asides
01/19Change in System Contact Form(PDF) Contract Process (PDF)
H Exhibit "B" to Regulatory Agreement (PDF)
(5.20) Assets Disposed of for Less than Fair Market Value
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Tax Credit Annual Report Common Errors/Best Practices Rev. s H Rev 02/08/2022
(PDF) Rev 04/19/2022
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0 0 18 18 re (2.14) Available Unit Rule and 100% Affordable Properties
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11/15Common Area Unit Designation(Word), 01/19First Year Credit Statement(PDF) Download. @D)YolE;a!.(X7pId>Y]8{x
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H items 2,3,4, and 6 only
LIHTC - HPD Tax Credits and Incentives Low Income Housing Tax Credits HPD allocates a portion of the State of New York's federal Low Income Housing Tax Credit allotment - both 9% competitive credits and 4% "as-of-right" credits. endstream
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H 10/17Compliance Officer Customer Service Survey(PDF) (1.6) Tax Credit Only Properties
You may submit comments via the online form here. 118th Congress Begins with New Committee Membership on House and Senate Committees That Focus on Affordable Housing, Community Development, Feb. 28, 2023: Standalone Storage and the Investment Tax Credit, Feb. 21, 2023: Four Things to Set Up CDEs for NMTC Compliance Reporting Success, Feb. 14, 2023: Opportunity Zones Hot Topics, Decreased Competition from Home Ownership in Increasing Interest Rate Environment, As Market Rate Multifamily Starts Near Record Highs, Affordable Housing Community is Assessing Effects on LIHTC-Financed Properties, Quick Guide to Answering IRS Form 8609 Line 8bMultiple Building Election, Do Not Sell or Share My Personal Information. endstream
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The Department of Housing and Community Development (DHCD) determines which: Low-income housing projects will qualify for the credit. State Requirements (PDF) Rev 09/2019
Community Housing Development Organization Certification Application. 08/20Notice Of Change In Ownership(Word)
0 0 18 18 re In compliance with the Federal Tax code, the HMFA conducts annual file and physical inspections for 20% of the 66,000 units it monitors for 1/3 of the projects in its portfolio. Careers |Commissioners | Contact Us
Credit Frequently Asked Questions (PDF)
Browse the library of grantee reports and plans, organized by program. To accept cookies and close this box, click I agree. These are some of the checklists that Compliance Monitors use when they perform onsite monitoring visits at TDHCA administered properties. (5.8) On-Site Staff and Management Personnel
(3.3) Persons with Disabilities
03/14Owners Certification of Completion of Repairs(Word) 207 (12.3) Household Transfers
H (12.1) Qualifying for the Waiver
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Physical Inspection Forms H 0.5 0.5 17 17 re Tax Credit Specialist Advanced (TCSA)January 23-25, 2022Register Now, Tax Credit Specialist Online (TCS)January 30-February 2, 2023Register Now, Tax Credit Specialist Online (TCS)February 13-16, 2023Register Now, Tax Credit Specialist Online (TCS)February 27-March 2, 2023Register Now, Tax Credit Specialist Online (TCS)March 13-16, 2023Register Now, Tax Credit Specialist Advanced (TCSA)March 20-22, 2022Register Now, Tax Credit Specialist Online (TCS) April 17-20, 2023 Register Now, Tax Credit Specialist Online (TCS) May 1-4, 2023 Register Now, Tax Credit Specialist Online (TCS) May 15-18, 2023 Register Now, Tax Credit Specialist Online (TCS) June 5-8, 2023 Register Now, Tax Credit Specialist Online (TCS) June 20-23, 2023 Register Now. Grantees are encouraged to . 0.5 0.5 17 17 re aTLR&R$R3GJh@h`bc2:$8P"4Of"5I"SD`FaF\G[ST[pYEQQ;%C1 u`X h 9u- (3.4) Housing for the Homeless
This narrative must include, at a minimum, the following: A description of all income, rents and other program restrictions, if any, applicable to the operation of the Development. 118 71 205. 333 N. 1st St., Suite 305 Jacksonville Beach, FL 32250, HUD Compliance Tax Credits Property Management, My Account Contact Us Certificate Request eHotline About NCHM News Careers ___________ Cancellation Policy Privacy Policy Program Terms & Conditions Nondiscrimination Policy Return Policy Terms of Use, Copyright 2020 NCHM, All Rights Reserved | Web Design and Development by Envy Creative, Certified Occupancy Specialist Advanced (COSA), Enterprise Income Verification Specialist (EIVS), Certified Manager of Senior Housing (CMSH), 1PM-5PM Eastern each day with a live instructor and teaching assistant, One week to take exam; results delivered week after exam window closes, Course Materials Delivered Directly To Participants, Textbooks and shipping included in course fee, Certificate available immediately upon release of grades; inclusion in NCHMs National Registry. (5.5) Tips
LIHTC Management Capacity Certification Form
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03/14Owners Certification Attachment A(Word).
The following programs are monitored by DHCD: (10.2) Qualified Contract Packet Materials
H (5.5) Seasonal or Sporadic Wage Income
0.5 0.5 17 17 re Contact txcr.multifamily@nifa.org if you have any questions. LIHTC Projects for Sale Under Qualified Contract For 9% Tax Credit Allocation Developments: Margaret Feml, Asset Management Unit Phone (518) 486-6273; Fax (518) 486-3366 NYS Homes & Community Renewal The Hampton Plaza 38-40 State Street, Albany, NY 12207 9% Developments for Sale through Qualified Contract: None at this time