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The Low-Income Housing Tax Credit (LIHTC) program is subject to a number of rent and income restrictions, in particular, the 15-year period of compliance with IRS use restrictions. For property owners and managers, a number of questions arise regarding compliance with program requirements, including: What are the compliance mechanics for a layered property? What happens after year 15?
Join this session with expert speaker Paul Flogstad who will provide you in-depth knowledge of LIHTC to advance your capabilities beyond what you already know. Paul will provide an analysis of the key concepts of LIHTC program so that you end up with a deeper understanding of the program. Paul will help you successfully navigate through the regulations and guidance, key documents, blended scenarios, and noncompliance issues. During the session, Paul will discuss the history, current strategies and the guidance that IRS provides to stay in compliance with the program requirements. You will get answers to the “what ifs” if you have a layered property and its blended compliance mechanics. At the end of this session, you will be able to plan for the successful management of any LIHTC property.
Session Highlights
Who Should Attend
Paul Flogstad
Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, property management and property management consulting/training. Through his consulting company, Property Management Solutions, he provides training and consulting servi... More info