A. J. Johnson Consulting Services, Inc.
 

Rural Housing Section 515 Program

    This full day course outlines the basic requirements of the Rural Development Section 515 Program, with particular emphasis on combining the Section 515 program with federal Low-Income Housing Tax Credit.  The training provides an overview of Section 515 Program regulations, including rent rules, resident eligibility, income restrictions, and recertification requirements.  The course includes a detailed discussion of combining Section 515 and tax credits, focusing on occupancy requirements and rents, tenant eligibility differences, handling over-income residents, and monitoring requirements.