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 training a worthwhile investment.
- The HCCP (Housing Credit Certified Professional) accreditation program is administered by the NAHB (National Association of Home Builders).
- The SHCM (Specialist in Housing Credit Management) accreditation program is offered by NAHMA (National Affordable Housing Management Association) and is oriented toward property managers.
Both of these nationally recognized accreditations require training by approved providers and successful completion of an examination. The HCCP includes a 10-hour training requirement, while the SHCM includes a 12-hour coursework requirement.
We are now offering online HCCP training that reduces classroom time from two days to just one-half day. Click here to learn more.
Westmont Advisors is proud to partner with LIHTC compliance experts TheoPRO to offer development compliance services and Section 42 training programs for LIHTC professionals, including property managers, developers, asset managers, syndicators and government agencies. Click here to learn more.
TheoPRO is an approved trainer for both the HCCP and SHCM programs, and is an approved proctor for the HCCP credential exam. TheoPRO makes training and accreditation simple and convenient.
TheoPRO is led by founder Vivian Probst, one of the nation’s leading experts in Section 42 LIHTC compliance. Let TheoPRO and Westmont customize a program for you.
We offer training and other services throughout the United States. Contact us to learn more.
To obtain a complete listing of LIHTC income limits, Section 8 income limits, Fair Market Rents and other affordable housing data for every MSA and county in the United States, please click here to access Westmont’s LIHTC Affordable Housing Data Center.
Affordable housing becomes easier to understand once you have learned its lexicon. For a guide to common industry terminology, click here for our Affordable Housing – LIHTC glossary.
Westmont and our partners at TheoPRO can serve your needs throughout the United States. Please do not hesitate to contact us for more information about our consulting and advisory services for real estate acquisition, asset management and tax credits, including the Low Income Housing Tax Credit (LIHTC) and Historic Tax Credit (HTC), as well as other real estate matters. Click here to learn more about our team.
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