Making LIHTC Projects Work with the Average Income Set-Aside

Session Information

Location:

Live Webinar

Date & Time:

02/08/2023 - 10:30 am (ET)

Details: This course is being offered in partnership with a third party. Please contact us with information regarding how to register.

Description

Course Description

The Average Income Minimum Set-Aside Test (“AI”) was added to the LIHTC program in March 2018. While it is being implemented successfully on many properties, there remains a good deal of industry-wide confusion about the use of the AI set-aside and the risks involved. This one-hour live webinar will review the requirements of the AI, discuss the risks of this set-aside, and provide best practice recommendations for the implementation of the Average Income test. The Webinar will be presented by A. J. Johnson, a nationally recognized expert on affordable housing whose company provides compliance oversight on multiple properties using the AI set-aside.