This course provides a high-level overview of the Low-Income Housing Tax Credit Program. In it, you will learn about the history and mission of the program, how the program differs from other governmental affordable housing programs, how the program works, including key players, documents, and timeframes for federal and state-level compliance, and what it means to be compliant and the importance of maintaining compliance.

To live in a program-eligible unit, applicants must meet your property’s resident selection requirements and the eligibility requirements of the program. This course outlines important aspects of determining eligibility, including income limits, determining household size and compliance with the full-time student rule, and following guidelines for Section 8 voucher holders

There are five steps to determining a household’s eligibility to live in a program-specific unit. This course covers steps 1 through 3, which are: interviewing the applicants, completing the application, and verifying the applicants’ eligibility information. It is important to know what to do in each step. A complete and correct application, as well as verification that meets program guidelines, are critical to ensuring your property stays in compliance with program rules.