Presented by: Preferred Compliance Solutions

Location: Prism, 999 17th Street, Denver, Colorado 80202

Sign in: 8:30am MT

Class: 9:00am to 4:00pm MT

The Low Income Housing Tax Credit (LIHTC) program can be complex—and small misunderstandings can lead to big consequences. This one-day, in-person workshop is designed to simplify the program, connect the dots across roles, and give you the practical knowledge needed to navigate it with confidence.

Whether you’re new to LIHTC or looking to strengthen your understanding, this session focuses on how the pieces fit together—from development through ongoing compliance—so you can make informed decisions and avoid costly mistakes.

Overview

• A clear, big-picture understanding of how the LIHTC program works
• Insight into how owners, developers, and compliance teams impact one another
• Practical guidance to identify risks and prevent common errors
• Tools you can immediately apply to real-world scenarios

Key Topics

Understanding the Program

• LIHTC fundamentals and program structure
• Key players and their roles
• Qualified Allocation Plan (QAP)
• How tax credits are calculated
• Program timeline from allocation to operations
• Household eligibility: income, assets, and certifications

Owners’ Rules and Compliance Essentials

• Rent and income limits
• Gross rent floor
• Next Available Unit, Vacant Unit, and Student Rules
• Minimum set-aside and applicable fraction
• Reporting requirements

Protecting the Credits

• Disallowance and recapture
• Common compliance pitfalls and how to avoid them

Acquisition, Rehab, and Noncompliance

• Key considerations for acquisition/rehab deals
• Timing and eligibility for credits
• Safe Harbor, grandfathering, and the Tack-Back Rule
• First-year credit challenges
• Correctible vs. non-correctible noncompliance
• File retention requirements

Cost: $365 chfareach members; $395 nonmembers