HCCP exam option now available for attendees of our LIHTC class

NMA trainers Samantha Pratter and Sheryl Putnam at the inaugural 2013 NMA Housing Conference

NMA trainers Samantha Sowards and Sheryl Putnam at the inaugural 2013 NMA Housing Conference

We’re very excited to announce that NMA trainers Samantha Sowards and Sheryl Putnam are now authorized to administer the Housing Credit Certified Professional (HCCP) exam. The National Association of Home Builders (NAHB) HCCP designation is a specialized designation for developers, property managers, asset managers, and others who work in the low-income housing tax credit (LIHTC) program. The HCCP is a well-known and respected designation in the LIHTC world.

Students who attend NMA’s Fundamentals of Low-Income Housing Tax Credit Management course now have the option to take the HCCP certification exam instead of the NMA certification exam at the end of the seminar. Individuals interested in obtaining just the HCCP certification may also take the exam without attending the course, since the exam is given independently from the course. Attendance of an NMA course is not a prerequisite for taking the HCCP exam. Students who wish to receive both certifications may take the HCCP exam at the end of the seminar and the NMA exam online within six months of attending the seminar.

NAHB’s requirements for achieving the HCCP designation include:

  • Successful completion of the HCCP exam ($175 fee; $100 for retakes)
  • Minimum of two years’ experience in the LIHTC industry by graduation (those who fail to meet this requirement may consider themselves an HCCP candidate until reaching two years of experience)
  • A total of 10 hours of LIHTC training
  • Adherence to the HCCP Code of Ethics

What happens when you receive the HCCP designation?

  • You receive a congratulatory welcome kit, including a plaque, HCCP lapel pin, HCCP ribbon, and sample press release for your company to use internally or for local media recognition
  • Your name listed in the online HCCP Directory
  • You receive a subscription to The Credential, a quarterly e-newsletter developed by the HCCP Board of Governors to bring HCCPs the latest tax credit industry information
  • You are eligible for discounted registration to one-hour educational webinars offered quarterly; HCCPs that attend each webinar fulfill their annual continuing education requirement
  • You have the opportunity to attend the annual reception and networking event honoring the HCCP of the Year
  • You have access to the professional LinkedIn group exclusively for active HCCPs
  • You have access to LIHTC technical assistance through NAHB staff and the HCCP Board of Governors

If you’d like more information on the HCCP exam, please visit NAHB’s website at www.nahb.org.

Samantha, Sheryl, and other industry experts will be available for limited free one-hour consulting sessions at the 2015 NMA and GoSection8 Housing Conference. Registered participants can sign up on a first-come, first-served basis now. Register online or email sales@nanmckay.com for more information.

Friday news roundup 7/31/15

NCSHA: GAO recommends joint oversight of the LIHTC program

Next City: L.A. and Philly form first Promise Zones partnership

NHC: Four ideas for moving beyond the poor door

NLIHC: Nearly 46,000 units of project-based Section 8 housing lost since 2005

Rooflines: Fair housing’s giant two steps forward

Friday news roundup 1/16/15

Rooflines: Disparate impact and LIHTCs

NPR: An exhibit offers a different angle on life in public housing

Vox: 11 myths about homelessness

Friday news roundup 11/7/14

Housing Finance: IRS announces 2015 LIHTC, bond caps

The HUDdle: Survivors of domestic violence need fair housing, not eviction

NCSHA: HUD reports further decline in homelessness

NCSHA: Judge rejects HUD’s disparate impact rule

New York Times: Free broadband for public housing in New York sought as condition in Comcast deal

Next City: NYCHA is revisiting its policy of barring many formerly incarcerated people from public housing

Next City: Using Wall Street tactics to preserve affordable housing

NLIHC: 40 years ago: Public housing changes in Housing and Community Development Act of 1974

Off the Charts: Neighborhoods do matter to kids’ success

Off the Charts: Tens of thousands apply for scarce housing vouchers

PD&R Edge: Why did Pruitt-Igoe fail?

Rooflines: HUD’s perspective on the Rental Assistance Demonstration

Shelterforce: Lifting the fog on Section 3

Washington Post (via Planetizen): These five charts show the progress made in fighting homelessness

Friday news roundup 10/31/14

Happy Halloween! Got a great pumpkin pic to share? Post it on our Facebook page or tweet @nanmckay!

And don’t forget to set your clocks back one hour on Sunday, when daylight saving time ends.

In other news:

Jacobin (via HUD NY/NJ): Well-maintained public housing must be part of the solution to affordable housing crisis

NLIHC: Renter housing quality issues vary by race, ethnicity, poverty status

PD&R Edge: Demystifying LIHTC

Rooflines: People in the affordable housing field have grown increasingly interested in talking about healthcare

Social Security Administration: Social Security benefits to increase by 1.7% in 2015

U.S. News & World Report (via CBPP): Low-income households are better off moving to low-poverty neighborhoods

Friday news roundup 10/3/14

Even if your agency is not participating in the Rental Assistance Demonstration (RAD) program, you may be interested in the inaugural issue of the monthly “RAD Newsletter” launched today. The two-page issue includes recent RAD news, highlights key program statistics, and lists recently closed projects. You’ll find a link to the newsletter on the RAD news page.

In other RAD news, last week HUD posted a “case studies” document spotlighting four agencies participating in the demonstration program. The eight-page document focuses on the differing issues faced by the participating housing authorities, including:

  • Combining RAD and Moving to Work (Cambridge, MA)
  • A small PHA leveraging private financing (Ilion, NY)
  • Financing substantial rehabilitation (Lexington, NC)
  • Effective resident engagement (Broward County, FL)

Notable articles this week in the affordable housing blogosphere:

NCSHA: Supreme Court agrees to hear Texas disparate impact fair housing case regarding tax credits

New Yorker: Over time, Housing First has saved the government money

Next City: Making the renters vs. homeowners competition a thing of the past

IRS publishes new audit technique guide (ATG)

Samantha PratterThe IRS has published the new audit technique guide (ATG) for the low-income housing tax credit (LIHTC) program. The ATG is not yet available on the IRS website, but you can download it here.

Late last year a draft version was released and the comment period extended through mid-March. The revised, final version that was just released is meant to help IRS examiners audit the tax returns of LIHTC owners. The ATG is not meant to replace the 8823 Guide, which was written to help state housing finance agencies (HFAs) perform compliance monitoring and is an invaluable tool for property management staff. Rather, the two documents are meant to be used in conjunction since the new ATG references the 8823 Guide in many places.

A few highlights from the new ATG include three helpful appendices: Appendix A which contains of IRC 42 terms, Appendix B which contains references with citations, and Appendix C with frequently asked questions.

Trainer and consultant Samantha Pratter has been a part of the NMA team since 2008. As NMA’s writing supervisor, Samantha oversees publications from concept and creation through the ongoing revision process, including NMA Master Books, model policies, course books, and handbooks. She has previously written for the NMA blog about the key differences between the project-based voucher (PBV) program and the (HCV) housing choice voucher program.

Is your staff in need of LIHTC training? NMA is the only training company that offers LIHTC classes from a PHA perspective. NMA recently published our seminar calendar for the first quarter of 2015, and when you register now you can save 10 percent on our upcoming LIHTC seminars in Birmingham, AL and Denver, CO. We can also bring the seminar to you. Email sales@nanmckay.com for more information about our affordable onsite training options.

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