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McKonly & Asbury Fall Affordable Housing Seminar Recap

Blog main picMcKonly & Asbury’s 2015 Fall Affordable Housing Seminar was another outstanding day of training about low-income housing tax credits. The seminar was held on September 24, 2015, in Camp Hill, Pennsylvania. McKonly & Asbury was pleased to welcome back A.J. Johnson as our speaker. A.J. served as a technical advisor to Congressional staff during the drafting of both the Low-Income Housing Tax Credit Program and the Fair Housing Amendments Act of 1988. Currently, A.J. is President of A.J. Johnson Consulting Services, Inc., a full service real estate consulting firm specializing in due diligence and asset management issues, with a particular emphasis on properties utilizing the Low-Income Housing Tax Credit.

A.J. spoke about many topics relating to the low-income housing tax credit including tax-exempt bonds, compliance with IRS regulations, calculation of credits, recapture (and how to avoid it), rent issues, and the non-profit set-aside. A.J. offered many real life examples. There was plenty of time for questions so participants could get A.J.’s opinion on specific issues. The seminar was also a great networking opportunity.

We look forward to A.J. joining us again next year on September 29, 2016! Mark your calendars now!

McKonly & Asbury’s services include audit and tax preparation, development cost certifications, 10% Tests, 50% Tests, preparation of low-income housing tax credit and other funding applications, financial forecasting, and other services to support affordable housing developers and managers.

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


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