A. J. Johnson to Host Full-Day Webinar on Income and Asset Requirements

A. J. Johnson will be conducting a webinar on December 16, 2020 on The Verification and Calculation of Income and Assets on Affordable Housing Properties. The Webinar will be held from 10:00 AM to 4:00 PM Eastern Time.

This six-hour course (there will be a one and a half lunch break) provides concentrated instruction on the required methodology for calculating and verifying income, and for determining the value of assets and income generated by those assets. The first section of the course involves a comprehensive discussion of employment income, along with military pay, pensions/social security, self-employment income, and child support. It concludes with workshop problems designed to test what the student has learned during the discussion phase of the training and serve to reinforce program required techniques for the determination of income. The second component of the training focuses on a detailed discussion of requirements related to the determination of asset value and income and is applicable to all federal housing programs, including the low-income housing tax credit, tax-exempt bonds, Section 8, Section 515, HOME, and Public Housing.  Multiple types of assets are covered, both in terms of what constitutes an asset and how they must be verified. This section also concludes with a series of problems, designed to test the student’s understanding of the basic requirements relative to assets.

Those interested in participating in the Webinar may register on the A. J. Johnson Consulting Services website (www.ajjcs.net) under “Training Schedule.”