NAHB Learning
Avoid Costly Errors: Prepare for HOTMA | LIHTC Edition: Webinar: NAHB: REPLAY
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- All Users - $39
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The Housing Opportunity Through Modernization Act (HOTMA) was the largest adjustment to HUD rules in many decades. It affected most affordable housing programs, including LIHTC. Issues such as who was counted in a tenant household, the rules relating to verifications, and the items that were counted or excluded for household income and asset calculations all changed. The HOME and NHTF programs also changed in ways that affected how they could be combined with LIHTC.
This webinar distilled the portions of HOTMA that related to LIHTC and provided concise action items to assist state housing/LIHTC agencies and owner/agents. Participants learned about LIHTC/HOTMA compliance and how to navigate the HOTMA era with confidence.
Registration now requires an NAHB login. Create your account at www.nahb.org/register or call the help desk at 202.266.8313 for assistance.
Missy Covington
VP, Compliance
Raymond James Affordable Housing Investments
Scott Michael Dunn
Chief Executive Officer, Costello Compliance and Director of Policy, The Costello Companies
Scott Michael Dunn is the CEO of Costello Compliance and the Director of Policy for the Costello Companies. The Costello Companies are developers, builders and managers of affordable housing with clients throughout the country. Mr. Dunn has almost three decades of experience in multi-family housing and holds various specialized certifications related to all major affordable housing programs. Prior to joining the Costello Companies, Scott Michael served as the Executive Vice President of Zeffert & Associates for over a decade where he was responsible for the company’s overall daily operations as well as developing and monitoring the training, compliance and state monitoring divisions.
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