Low-Income Housing Tax Credit Program
The Montana Board of Housing puts on an annual training for all persons involved in Tax Credit program to learn about IRS regulations, Montana requirements, calculating income and assets and a few guest speakers to discuss specific topics. We strongly encourge all on-site and managers to attend every year as ther are always something new to discuss.
Project Manager Education. Persons responsible for qualifying tenants and verifying compliance (involved in tenant qualification and compliance) must be certified in LIHTC compliance by one of the nationally recognized training companies. Project managers and Property management company personnel must complete a nationally recognized certification course, passing the test. For MBOH purposes, to maintain certification, training with a nationally recognized compliance trainer will be repeated at least once every four years. For each of the other three years, all project managers and property management company personnel are strongly encouraged to attend annual MBOH compliance training. Many nationally recognized training companies recognize MBOH training as qualifying training in lieu of their training. The manager for a LIHTC property must be trained and certified before the project is placed in service. New managers hired for existing LIHTC projects must be certified within their first year of employment. On a case-by-case basis, MBOH may approve our compliance training as adequate training until such time as the next nationally recognized training program is offered within Montana.
MBOH Training-more information to follow
September 21-22nd, 2010
Fairmont Hot Springs
Information regarding past webinars, Audio Recording and Q&A
National Certified Trainers
Kay Kay Reality
The following professional trainers offer classes on Section 8 compliance.