As the nation's portfolio of affordable housing continues to age and the amount of available federal resources shrinks, blended sites (also known as layered or combo sites) have become the new reality. Along with this new reality, however, comes the difficulty of navigating the different regulatory requirements at these blended sites.
To help meet the need for this specialized training, NCHM Director of LIHTC Compliance Jo Ikelheimer has developed a webinar series that focuses on managing compliance at blended properties. In the first webinar in the series, Jo looks at sites that combine financing through the Low Income Housing Tax Credit program and HUD project-based subsidy.
Join Jo as she reviews:
The program mechanics of LIHTC and HUD P/B including basic program and project eligibility requirements for both
The specifics of eligibility as they differ between the programs, including the impact of"Hold Harmless" for income limits, the divergent student eligibility requirements, and the way rent calculations merge between HUD P/B and LIHTC
How to manage ongoing eligibility when recertification, verification, record retention and Fair Housing requirements are different for each program
The blended webinar series is an ideal opportunity to learn how the different sets of regulations overlap and diverge – and how to successfully manage compliance throughout.