Calculating Income Under Layered Financing: HUD vs. LIHTC

Learn when to factor in YTD earnings, unemployment benefits, annuities, and more! Register now for this 75-minute audio session in which our expert speaker, Andrea Champine, willprovidethe answers and tools you need to ensure your income calculations are compliant with both HUD and Low Income Housing Tax Credits (LIHTC) rules.

Many owners of HUD-financed projects also rely on LIHTCs provided through state agencies. This type of "layered"? financing has become more and more prevalent in the affordable housing industry. But the two-program financing approach can complicate income calculations. This information-packed audio presentation will help ensure you are calculating income correctly for your financing situation.

In this program, you will learn:

How EIV can be used for LIHTC compliance
Whether student financial aid is considered income for HUD/LIHTC
When to factor in year-to-date (YTD) earnings particularly for Section 8 projects
How to account for unemployment benefits
Whether anticipated earnings for the unemployed belong on HUD form 50059
Whether annuities are considered assets or income
How to identify discrepancies in "The Work Number"
New requirements for Social Security beneficiaries using debit cards

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