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In Person Class: Conquering LIHTC Compliance with SHCM Exam
Tuesday, April 23, 2024, 8:30 AM to Wednesday, April 24, 2024, 5:00 PM MDT
Category: Events

Conquering LIHTC Compliance with SHCM Exam 
Embassy Suites by Hilton Denver Central Park
4444 Havana St
Denver, CO 80239

Fees: AHMA Members: $550
Non-Members: Early Bird: $650 (Ends 3/18/24; General Registration $750)

Optional SHCM Exam - $50

NOTE: This course reflects the regulatory changes under the Housing Opportunity Through Modernization Act (HOTMA) that modified eligibility determinations for the LIHTC program.

Created by Amanda Lee Gross, VP of Training and Compliance Policy, the “Conquering Low-Income Housing Tax Credit (LIHTC) Compliance” is a course specially designed to assist affordable housing professionals in conquering LIHTC project compliance.

Amanda Lee delves deep into the Low-Income Housing Tax Credit laws and regulations, while also providing real-world examples with practical application. This engaging and interactive session utilizes numerous examples and exercises to ensure attendees complete the session with a thorough comprehension of how to maintain project compliance and why it is so important to do so. At the end of the course attendees who registered for the SHCM Exam will sit for the exam on the afternoon of the 24th.

Conquering LIHTC Compliance Workshop – Course Overview

Section 1, Part 1: Processing Applications & Certifications
Section 1, Part 2: Student Eligibility
Section 1, Part 3: Determining Asset Income
Section 1, Part 4: Determining Income
Section 1, Part 5: Leasing & Certification Requirements
Section 2, Part 1: Allocation Process
Section 2, Part 2: Development & Lease Up
Section 2, Part 3: Ongoing Compliance Requirements
Section 2, Part 4: Acquisition/Rehab
Section 2, Part 5: LIHTC Layered with Other Programs & Laws

About the Specialist in Housing Credit Management Exam
The Specialist in Housing Credit Management® (SHCM®) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low-Income Housing Tax Credit (LIHTC) program. The SHCM is designed by management professionals for management professionals to ensure they have attained the knowledge, experience and competence required to excel in the housing credit property management industry.

As experienced affordable housing management professionals know, the LIHTC program is the primary production tool for creating new affordable housing properties across every state in the country, and it is also the most important tool for rehabilitating and preserving the nation’s existing stock of aging affordable housing. To maximize their careers, management professionals in the affordable housing industry must be able to demonstrate their experience and expertise in mastering the complex requirements of the LIHTC program. Earning your SHCM enables you to do just that.

The SHCM is offered in association with the National Apartment Association Education Institute (NAAEI).

Development of the SHCM exam was based on an exacting process established for national certification programs to ensure the exam is a reliable and psychometrically valid testing tool for its subject matter. NAHMA retained a well-respected third-party consultant to assist in this process. The test questions on the SHCM exam will be reviewed and updated on an annual basis.

How to Earn Your SHCM Certification

To earn an SHCM, candidates must:

  • Education: Successfully complete at least 12 hours of housing credit-specific coursework or training from an approved provider* within two years of sitting for the SHCM exam
  • Examination – successfully pass the SHCM exam
  • Professional Experience – demonstrate a minimum of two years of housing credit management employment
  • experience through an application process
  • SHCM Code of Professional Conduct – commit to a defined code of professional conduct (see below)
  • Complete Application – submit your SHCM application along with the $170 application fee.

SHCM certification is valid for one year and must be renewed annually each September 1st. Renewal consists of six hours of housing credit specific coursework or training by an approved provider* per year and $165 renewal fee. 

SHCM Candidates with Less than the Two-Year Experience Requirement May
Take advantage of the same two options listed above; however, these candidates will need to participate in a “candidacy period” equal to the amount of time remaining to meet the two-year work experience requirement. Once the candidacy period is satisfied, the candidate may then begin to use the SHCM certification. Candidates selecting this option may use the SHCM-c (SHCM-Candidate) designation, and must pay an additional one-time non-refundable administrative maintenance fee of $100 with the SHCM application. SHCM-Candidates are required to gain their two-year work experience within three years of passing the exam; exceptions will be considered by NAHMA on a case-by-case basis.

 

 

A Professional Training Experience

At All US Housing Consultants Workshops and Certification Courses, Attendees are guaranteed:

  • Easy to Follow Printed Materials and Reference Guidebooks for in-person training classes and a PDF Training /Reference Manual for all virtual classes
  • Professional Trainers with more than 10 years of experience as a trainer/speaker
  • A Relaxed and Fun Training Environment

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