Understanding Tax Credit Development

On-Demand Schedule Tue, April 16, 2024 - Tue, April 23, 2024
Duration 60 Mins
Level Basic & Intermediate
Webinar ID IQW23C0337

  • What is a tax credit
  • Set aside
  • LURA's
  • Discount interest rates
  • Next available unit rule
  • Transfers
  • Finance options Development team
  • Time periods
  • Program design

Overview of the webinar

We will cover the step-by-step process for developing a property with tax credits. What properties are available for tax credits, checklists for developers, and the highest and best use of the property?

Who should attend?

  • Owners
  • Managers
  • Compliance staff

Why should you attend?

This course covers tax credit basics as well as how developers get to apply for tax credits from their own housing finance agencies. We will cover the application process from both the developer's and housing finance agency's vantage points. Also covered are the basics of the tax credit program.

Faculty - Mr.Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years.He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.
Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.
He specializes in fair housing issues and has developed fair housing and outreach programs for governmental agencies as well as conducting seminars which are presented to property management companies, apartment associations and the general public. He also conducts research analysis for impediments to fair housing for grantees of federal CDBG funds. 
Most recently, he has been a consultant to the State of South Dakota. In this assignment he has developed a program that is one of the first of its kind in the nation. It involves being an Ombudsman for fair housing issues. In this role he takes calls from anyone who may have a fair housing or landlord tenant question. He attempts to resolve the issue before it has to go to HUD. This has been a successful program and he takes over 900 calls a year.
For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest. Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development, HOME and Tax Credit programs. He is a certified trainer for a national company which specializes in HUD and Tax Credit education.
He holds numerous professional property management designations.Paul has served on numerous boards and commissions that deal with real estate, property management and fair housing issues and is in demand as a speaker in the affordable housing industry.

Credits

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

100% MONEY BACK GUARANTEED

Refund / Cancellation policy
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