Earn Your LIHTC Certification Online with Tax Credit Specialist (TCS)

Tax Credit Specialist is the premier course for earning your LIHTC certification.

Section 42 LIHTC Certification – Delivered Entirely Live Online

The Low-Income Housing Tax Credit (LIHTC) program (also known as Section 42) is the federal government’s primary method of funding new affordable rental housing in the USA. To date, more than 3 million apartment units have been created through LIHTC with another 100,000 new units added each year.

Most property management companies, owners, and local housing authorities require their staff to be LIHTC certified. This is essential for any employee responsible for verifying applicant eligibility or ensuring the property complies with IRS and HUD regulations.

Course Details

Delivered Online Over Four Days
1PM-5PM Eastern each day with a live instructor and teaching assistant

Online Certification Exam
One week to take exam; results delivered week after exam window closes

Course Materials Delivered Directly To Participants
Textbooks and shipping included in course fee

Certification Issued Upon Passing
Certificate available immediately upon release of grades; inclusion in NCHM’s National Registry

Learn More About TCS

Why Train With Us?

NCHM was specifically established by HUD in 1975 to train and certify housing professionals. As one of the most respected accreditation programs in the industry, NCHM is the best source for LIHTC Certification through our Tax Credit Specialist (TCS) course, delivered online by leading experts.

What You’ll Learn

In this course, you will master the details of LIHTC eligibility and compliance as dictated by the IRS and HUD (specifically HUD Handbook 4350.3 REV 1).

To provide a high-quality learning experience, every TCS online class is staffed by both an instructor and a teaching assistant for immediate support. Following the instruction, participants have one week to complete the 100-question NCHM online certification exam.

The Tax Credit Specialist course covers the following key areas:

  • Understand LIHTC program fundamentals and IRS Section 42 regulations
  • Navigate federal rules and state QAP requirements
  • Calculate tax credits and apply key development concepts
  • Determine tenant eligibility, including income limits and student status
  • Apply rent restrictions and manage utility allowances accurately
  • Maintain ongoing compliance, record-keeping, and monitoring
  • Complete IRS forms such as 8609 and 8823 correctly
  • Prevent recapture and manage compliance risks
  • Apply specific LIHTC rules, including the Available Unit Rule and Vacant Unit Rule
  • Prepare for LIHTC compliance audits effectively

 

Upcoming LIHTC Courses