The Faces of Affordable Housing
Pennsylvania Seeks Nominations for 2012 Supportive Housing Award

McKonly & Asbury Holds Spring 2012 Affordable Housing Seminar

Blog main picMcKonly & Asbury presented an affordable housing seminar on Wednesday, May 23, 2012, at the Giant Community Center in Camp Hill, Pennsylvania.

A.J. Johnson of A.J. Johnson Consulting Services, Inc. was the featured speaker at this spring’s seminar. A.J. spoke about two topics. The first topic was compliance for developments funded with tax-exempt bonds. A.J. explained what a tax-exempt bond is, highlighted the similarities and differences between tax-exempt bonds and low-income housing tax credits, discussed income requirements, and discussed the qualified project period. The second topic of the day was maintaining low-income housing tax credit compliance. A.J. walked through the IRS Form 8823 and explained what needs to be done to avoid the various noncompliance issues that could be reported on the 8823.


We hope you’ll join us for two days of training on November 13 & 14, 2012. This training is for experienced LIHTC project managers and LIHTC industry professionals, and includes the option to take the certification examination to become a Housing Credit Certified Professional (HCCP). Topics to be covered include LIHTC program background, determining utility allowances, minimum set-aside tests, income eligibility issues, calculation of first-year and annual credits, and using HOME funds with the LIHTC. For more details on this training and registration information, click here.   

McKonly & Asbury began our affordable housing seminar series in 2007 to educate our clients. We have featured speakers from the Pennsylvania Housing Finance Agency, the Department of Community and Economic Development, Pepper Hamilton, LLP, PNC Multifamily Capital, Rockport Mortgage, and other experts in the affordable housing community. McKonly & Asbury has been a provider of services to the affordable housing community since 1977, with expertise in servicing HUD, PHFA, Section 42 tax credits, Rural Development, and other affordable projects. Our services include audit and tax preparation, financial forecasting and modeling, cost certification audits, preparation of low-income housing tax credit and other funding applications, and other services to support affordable housing developers and managers.


Are you interested in learning more about our services or attending a future seminar or learning about future seminar topics? E-mail [email protected] and ask to be added to our e-mail list. We also welcome suggestions for future seminar topics.

 

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)