The Housing Opportunity through Modernization Act has substantially changed how eligibility determinations are conducted for affordable housing programs, including the Low-Income Housing Tax Credit (LIHTC) program. However, not all HOMTA provisions apply to the LIHTC program, and it is crucial for LIHTC professionals to understand which provisions do apply to LIHTC, which do not, and where additional guidance is needed from the IRS and/or State Housing Finance Agencies.

In this two-hour webinar, Amanda Lee Gross, VP of Training & Housing Policy, will cover the aspects of HOTMA that apply to the LIHTC program, and will also identify where LIHTC professionals need to contact their State Housing Finance Agency for guidance.

Topics include:

• Changes to determining household size

• Changes to Income inclusions and exclusions

• Changes to Asset inclusion and exclusions

• Changes to Imputing Asset Income

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