SHCM Prep Course with SHCM Exam - Omaha, NE
Wednesday, August 10, 2022, 8:00 AM to Friday, August 12, 2022, 5:00 PM MDT
Category: Events
Specialist in Housing Credit Management Prep Course with SHCM Exam August 10th & 11th 9:00am - 5:00pm & August 12th 8:00am - 12:00pm
Kimpton Cottonwood Hotel 302 South 36th Street Omaha, NE 68131 Reservations: (833) 404-6981 Hotel Phone: (402) 810-9500
The Specialist in Housing Credit Management® (SHCM®) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low-Income Housing Tax Credit (LIHTC) program. The SHCM is designed by management professionals for management professionals to ensure they have attained the knowledge, experience and competence required to excel in the housing credit property management industry.
As experienced affordable housing management professionals know, the LIHTC program is the primary production tool for creating new affordable housing properties across every state in the country, and it is also the most important tool for rehabilitating and preserving the nation’s existing stock of aging affordable housing. To maximize their careers, management professionals in the affordable housing industry must be able to demonstrate their experience and expertise in mastering the complex requirements of the LIHTC program. Earning your SHCM enables you to do just that.
The SHCM is offered in association with the National Apartment Association Education Institute (NAAEI).
Development of the SHCM exam was based on an exacting process established for national certification programs to ensure the exam is a reliable and psychometrically valid testing tool for its subject matter. NAHMA retained a well-respected third-party consultant to assist in this process. The test questions on the SHCM exam will be reviewed and updated on an annual basis.
How to Earn Your SHCM Certification
To earn an SHCM, candidates must:
- Education – successfully accumulate a minimum of 12 hours (actual instruction time) of housing credit specific
coursework or training from an approved provider* within two years of sitting for the SHCM exam
- Examination – successfully pass the SHCM exam
- Professional Experience – demonstrate a minimum of two years of housing credit management employment
experience through an application process
- SHCM Code of Professional Conduct – commit to a defined code of professional conduct (see below)
- Complete Application – submit your SHCM application along with the $170 application fee.
SHCM certification is valid for one year and must be renewed annually each September 1st. Renewal consists of six hours of housing credit specific coursework or training by an approved provider* per year and $165 renewal fee.
SHCM Candidates with Less than the Two-Year Experience Requirement May
Take advantage of the same two options listed above; however, these candidates will need to participate in a “candidacy period” equal to the amount of time remaining to meet the two-year work experience requirement. Once the candidacy period is satisfied, the candidate may then begin to use the SHCM certification. Candidates selecting this option may use the SHCM-c (SHCM-Candidate) designation, and must pay an additional one-time non-refundable administrative maintenance fee of $100 with the SHCM application. SHCM-Candidates are required to gain their two-year work experience within three years of passing the exam; exceptions will be considered by NAHMA on a case-by-case basis.
Accommodations: Rooms are available on a first come first serve basis starting at $145/night at The Kimpton Cottonwood Hotel by following this link: Specialist in Housing Credit Management Booking Link -OR- call 1-800-546-7866 and reference code HCM
|