Thursday, November 4, 2010
Tax Credit Seminar
This seminar qualifies for 6 hours of
Continuing Education Credits,
for those people with the Specialist in
Housing Credit Management (SHCM),
designation who are in need of
Continuing Education Credits.
Project Freedom at Trent Center
547 Greenwood Avenue
Trenton, NJ 08609
located next to Trent Center East
Directions will be e-mailed with confirmations.
8:30 a.m. – 9:00 a.m. Registration/Continental Breakfast
9:00 a.m. – 4:00 p.m. Seminar (lunch provided)
JAHMA/PennDel AHMA Members: $99
Non-Member: $149
*Fees and reasonable expenses for the course are an approved project expense.
Registration deadline: October 29, 2010
Online Registration
If you would like to pay by credit card, please download this form, fill out and
fax to 856-786-6265
Cancellation Policy: Registration fees will be refunded less a $50 processing charge if received in writing ten (10) business days prior to the seminar. Substitutions, but no refunds, can be made after that date.
Suzanne Sigmund, Instructor
Suzanne is the Vice President, Occupancy and Compliance for Community Realty
Management where she has been employed for the past 16 years. Suzanne started in property
management in 1978 as a leasing agent for a 150-unit multi-family property in Central
Pennsylvania. She now holds the Certified Property Management (CPM), the Housing
Credits Certified Professional (HCCP) and the National Affordable Housing Professional
Executive (NAHPe) designations.
Suzanne is the primary trainer for Community Realty Management and has taught multiple
classes such as Occupancy, HUD Manual, 4350.3, Purchasing and Bill Payment. Contract
Supervision, Calculations, Low Income Housing Tax Credit, Application and Interviewing
and various HUD and Tax Credit Update sessions.
Suzanne is a 3-year past president of the Central PA IREM Chapter and is currently the
President of PennDel AHMA.
Agenda
9:00 a.m. – 12:00 p.m.
• Brief Review of Introduction to Section 42 of the IRS Code
• Defining Tax Credits
• Qualified & Eligible Basis
• Applicable Fractions
• Applicant Screening
• Income and Rents Limits
• Review of IRS 8823 Guide
• Tax Credit Rules
o Student Rule
o 140% rule
o Vacancy Rule
• Fair Housing
Noon – 1:00 p.m.
Lunch (provided)
1:00 p.m. – 4:00 p.m.
• Defining Income and Assets
• Verifying Income and Assets
• Annual Recertifications & Waivers
• Layering with HUD & Home
• Calculating Income and Assets
• Required Forms For Resident Files
• Preparing for Tax Credit Audits