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Commission Compliance
Workshops and Trainings
Workshop Schedule - FY25
Revised 09/20/2024
Workshop Policies Revised 09/2023
WORKSHOPS OPEN FOR REGISTRATION
Tax Credit Fundamentals
Workshop
(includes
references to upcoming HOTMA changes) (ONLINE)
Tuesday, November 12: Tax Credits
Introduction (video recording, not live)
Wednesday and
Thursday, November 13 and 14: LIVE, 9:50AM – 12:30PM each day
"REGISTRATION
HOTMA
Presentation (in-depth overview of HOTMA changes)
Friday, November 15: HOTMA Implementation (video recording, not live) "REGISTRATION"
·
WSHFC will
email registrants the video link for the Tax Credit Introduction
recording on Tuesday morning by 9am
·
WSHFC will
email registrants the video link for the Tax Credit HOTMA Presentation
on Friday morning by 9am.
·
WSHFC
will also publish a link to an online portal where you can enter your
HOTMA questions after watching our presentation. The portal will
remain live for several weeks. Staff will review your questions
periodically and will publish a HOTMA FAQ document on
our website where you can review our answers. As new questions
come up or clarifications to published guidance is needed, we will
revise the FAQ document, so please be sure to check our website weekly
for HOTMA-related updates.
WORKSHOPS DESCRIPTIONS
TAX CREDIT COMPLIANCE – FUNDAMENTALS
An introduction to LIHTC compliance essentials for Washington State LIHTC property managers, compliance staff, and owners. Topics include federal and state regulations and a case study. Includes issuance of certificate after successful completion of the training.
PREREQUISITE: Resident Certification Forms (1 hr. on-demand video)
TAX CREDIT COMPLIANCE – ADVANCED
The TC Advanced training takes a deeper dive into challenging issues faced by LIHTC compliance professionals. Several case studies will be covered. Topics include self-employment, Special-Needs issues, and Common Area Unit clarification. Please have access to a calculator. Includes issuance of certificate after successful completion of the training.
PREREQUISITE: WSHFC TC Fundamentals training and at least 6 months’ LIHTC property management or compliance experience
BONDS-ONLY COMPLIANCE
This workshop is for WSHFC-issued tax-exempt bonds only. Topics include verifying and calculating income and assets; introduction to the compliance forms and samples; financing overview for WSHFC-issued bonds; recognizing non-compliance; the compliance review process; student issues; and calculating income.
If your property is part of the State Bond Program (see attached list), please contact your Portfolio Analyst prior to registering for this workshop.
COMPLIANCE ON-DEMAND TRAINING VIDEOS
NEW:
AMC Best Practices:
Calculating Anticipated Pay Increases
NEW:
AMC Training: Child Support
Verification
Link to WSHFC 2021 LIHTC Income Asset Verification and Calculation (You Tube) 04/22/2021
Link to WSHFC Bond Workshop (YouTube) 12/29/20
Link to Resident Certification Forms Webinar 12/2017
Link to Post-Year 15 Procedures
Webinar
Calculating Assets 101 Part 1 (YouTube) Calculating Assets 101 Part 1 (YouTube) 05/2008
Calculating Assets 101 Part 2 (YouTube)
05/2008 | Handout
(PDF) |
Ch 5 Tax Credit Compliance Manual
ADDITIONAL ON-DEMAND TRAINING VIDEOS
Housing Washington
On-Demand Archive on YouTube
Affordable Housing
101 from 2022
Housing Washington 2023:
Learning Lab 3:
Part A — AIT Compliance & Best Practices + Part B — Managing a Major
Long-Term Rehab with unreinforced masonry retrofit
HANDOUTS: Part
A
(Handout) Average Income for Housing WA 2-23.pptx
4 MB & Part
B Major Rehab w URM Case Study Handout.pdf
PLACED-IN-SERVICE REQUIREMENT
Tax Credit properties that will place-in-service in any calendar year must have a management representative attend a tax credit compliance training sometime between the first and last buildings' placed-in-service dates. Until further notice, the Commission will accept certificates of completion from other industry trainers in fulfillment ot this requirement. Please email us at cworkshop@wshfc.org for a list of recommended trainings. If your property's management agent recently attended a Commission tax credit compliance workshop or currently manages another tax credit property, please contact us to dicuss a possible waiver of this requirement.
EVENTS CALENDAR
For additional training events click on the Events Calendar icon below for an easy-to-browse list of dates of interest to asset management and compliance professionals:
View
the COMPLETE LIST (PDF)
View the Funding, Grant, and
Award Deadlines (PDF)
View the WEB Online (PDF)
View WSHFC Asset
Management
and Compliance Events and Deadlines
10/29/202
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