
We all know that our residents have to be income eligible for a Housing Credit unit and must then pay a rent amount within the Program parameters. But what are these limits and how do we determine what they are for our properties? In this 3 hour course, we will take a detailed look at the income limit, rent and utility allowance rules, how to determine your property’s limits and how to calculate these all-important numbers. Also, learn the rules surrounding income limit changes, rent increases and utility allowance changes. These rules are the cornerstone of compliance making this course a must for supervisors, compliance coordinators and asset managers. (3 Continuing Education Units)