HCCP LIHTC Section 42 Online Training Available Now

The HCCP (Housing Credit Certified Professional) is one of the leading LIHTC compliance certification programs in the Section 42 field. Administered by the NAHB (National Association of Home Builders), the Housing Credit Certified Professional designation demonstrates a nationally recognized level of expertise with Section 42 compliance. A typical HCCP certification program requires two full days of classroom training and exam time. We are working in conjunction with LIHTC compliance experts…

HCCP, SHCM Training for Section 42 LIHTC Compliance

Earning LIHTC Section 42 HCCP and SHCM accreditations provides your tax credit professionals with useful knowledge that minimizes mistakes and demonstrates your organization’s commitment to training and expertise. Training for LIHTC Section 42 compliance accreditations is beneficial to affordable housing developers, property managers, asset managers, syndicators and investors. In the worst case scenario, Internal Revenue Code Section 42 violations can result in penalties and the forfeiture of credits, which makes…

LIHTC and Section 8: Acq-Rehab Pitfalls to Avoid

Section 42 low income housing tax credits are useful tools for funding the development, acquisition and rehabilitation of rent-subsidized Section 8 properties. There are obvious benefits to twinning LIHTC with project-based Section 8 HAP contracts and project based vouchers (PBV), but contradictions between these programs also elevate the risk of regulatory compliance errors. The affordable housing compliance experts at TheoPRO have identified three key issues: 1. Section 8 households may…

Tax Credit Training for LIHTC Asset Managers and Property Managers

Asset managers and property managers trained in LIHTC / Section 42 tax credit compliance can help investors and developers to avoid the high cost of affordable housing program violations. Asset managers and property managers play critical yet distinctly different roles in the compliance process. Property managers serve as a project’s first line of defense, yet also have to maintain positive relationships with applicants and current residents who don’t always appreciate…