The critical role of Tax Credit Specialists in American Housing Today

Become a professional in one of the most important, quickly-changing callings in the American housing industry – Low-Income Housing Tax Credit (LIHTC). What does this have to do with you?

Everything. This could be your Opportunity.

According to HUD’s Office of Policy Development and Research (PD&R), the Low-Income Housing Tax Credit (LIHTC) is the most important resource for creating affordable housing in the United States today. HUD makes the guidelines.

Learn how to leverage the power of LIHTC through NCHM’s best-in-the-industry Tax Credit Specialist training. What makes it the best?

  • It provides a thorough introduction to the Low-Income Housing Tax Credit (LIHTC) program, from development to allocation.
  • Students learn the basics of LIHTC program compliance, including how to calculate assets and income, how to determine eligibility, and how to stay in compliance through proper annual recertifications and constant vigilance regarding tenant eligibility and Fair Housing.
  • LIHTC and HUD-regulated programs are also compared and contrasted.

Washington lawmakers created LIHTC as an incentive for private developers and investors to provide more low-income housing. Without the incentive, affordable rental housing projects do not generate sufficient profit to warrant the investment. With LIHTC, people with lower incomes can afford housing that would not be available without it. This is a government program that works – for investors, for developers, for tenants, and especially for you, as a Tax Credit Specialist.

Mastering LIHTC is not easy, but it is worth it and rewarding when you consider the people you will be able to help… including yourself and your own career. Our course is built to cover the complexities inherent in Tax Credits. All-inclusive, comprehensive training is a must to understand and execute in the world of tax credits on a daily basis.

Tax Credits are not learned well piecemeal on your own. The subject matter is too technical.
That’s why our courses are hands-on: taught by professionals with years of experience. In-person training allows you to absorb information and get your questions answered on the spot.

Financed projects must meet eligibility requirements for at least 30 years after project completion. In other words, owners must keep the units rent-restricted and available to low-income tenants. At the end of the period, the properties remain under the control of the owner.

Rental properties that qualify for LIHTC tend to have both lower debt service payments and lower vacancy rates than market-rate rental housing. LIHTC properties typically experience a relatively quick lease-up and offer strong potential economic returns, primarily due to the existence of the credit.

Mistakes, even unintentional errors, can lead to noncompliance, which in turn can lead to serious financial penalties for your company. You can become the highly-valued asset who saves your company money and adds to its bottom-line.

Become a true professional of value in Low Income Tax Credits. You can play a critical role in helping others while you solidify your career and become a true value to your employer.

Learn how today.

Certification & Course Offerings

Blended Occupancy Specialist (BOS)
Blended Occupancy Specialist (BOS) is a comprehensive study of the compliance challenges posed by “blended” sites – those properties receiving subsidies from multiple sources and/or financed through multiple programs. BOS focuses on where the rules overlap, where they differ, and how to steer a compliant path through it all.

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Tax Credit Specialist Advanced (TCSA)

Tax Credit Specialist Advanced (TCSA) is for the holder of a TCS certification who wants to join an elite group of experts on the administration of the Section 42 Low Income Housing Tax Credit program. Tax Credit Specialist Advanced builds on and goes beyond the subject matter presented in our TCS class by delving into the most complex of challenges and issues. Delivered online in three four-hour sessions, TCSA enables professionals to share their experiences and their solutions to the most difficult cases, all moderated by one of NCHM’s top Section 42 experts.

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Tax Credit Specialist (TCS)
NCHM is setting the standard for training and certification in the Low-Income Housing Tax Credit (LIHTC) world with our Tax Credit Specialist (TCS) program. TCS provides a thorough review of IRS regulations and guidance, including the IRS’s Guide for Completing Form 8823. The program also covers HUD Handbook 4350.3 guidance that pertains to LIHTC properties. Unlike programs offered by others, NCHM teaches and it certifies. Don’t make the mistake of getting your training from one source and taking your certification exam from another. TCS is available both in the classroom and online.

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Registered Housing Manager (RHM)
Registered Housing Manager (RHM) is NCHM’s most prestigious property management certification. Candidates must first acquire certifications in NCHM’s four pillars: occupancy, management, maintenance, and financial management and then complete a Property Assessment, which is evaluated by NCHM’s Certification Review Board.

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Upcoming Tax Credits Courses

Looking to register 20 or more individuals?

Private Training by NCHM may be the answer.

For organizations looking to train 20+ employees at one time, NCHM offers Private Training administered by an NCHM expert instructor. These sessions can be delivered either online or in-person. Reach out today to see if Private Training is a good fit for your organization.

The Best. Anywhere.

Tax Credit Specialist Online

Our industry leading tax credit certification is now available from the comfort of your desk. With TCS Online you can earn your certification on your terms.