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Upcoming Events

7

February

REAC Prep Training – Columbus, OH

Intro to REAC: Before Inspector, During Inspection, Inspector Interaction
UPCS Inspectable Areas: Intro to Scoring, Inspectable Items in Each Area, Prioritizing Repairs, Most Common Mistakes, Identifying UPCS Deficiencies, NSPIRE Updates.
Register ToDay

22/23

February

LIHTC Fundamentals & Advanced – Columbus

Class will begin at 9:00 each morning. It will end at 4:30 on 2/22 and at approximately 12:30 on 2/23. The SHCM Exam will follow the class on 9/8.
What You’ll Learn
• Six Key Requirements for Managing a LIHTC Property
• Complete review of the major players and governing documents & project info
• Determining maximum incomes, maximum rents and utility allowances
• Qualifying Residents & Income Certifications: Determining household composition, processing an application, verifying income and assets, calculating household income & assets, and the full time student rule.
• Ongoing Compliance: lease requirements, move ins, recertifications, transfers, special rules for live in care attendants, changes in household composition, layering of programs, file maintenance, and compliance monitoring
• LIHTC Allocations & determining the value of the LIHTC
• Project set-asides, eligible basis, applicable fractions and qualified basis, credit percentages, treatment of exempt units
• Critical time periods, First year of the credit period – lease up and acquisition-rehabs
• Advanced rent & fee issues
• IRS Forms & correcting non-compliance
• Unit Vacancy Rule & Available Unit Rule
• Combining LIHTC w/ other programs

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We Have A Powerful Unified Voice And We’re Using It To Improve Affordable Housing

MAHMA is a professional association representing owners and managers of affordable housing throughout Indiana, Illinois, Ohio, Michigan, Minnesota and Wisconsin. We are a regional organization with grassroots support from local, regional and national affiliations. We are a powerful unified voice whose objective is to provide and improve quality of life for the residents of affordable housing through management operations, and preservation of existing housing units.

Inform

Members receive weekly updates from the National and State level with the latest affordable housing information and breaking news as it happens.

Educate

MAHMA holds numerous training opportunities throughout the year both in person and virtually in small format sessions and during multi-day conferences.

Advocate

MAHMA in partnership with the National Affordable Housing Management Association advocates federally with members of Congress, HUD, IRS, USDA and other agencies on behalf of the affordable multifamily industry.

Latest News

HUD Announces New Proposed AFFH Rule

Jan 26, 2023 |

The U.S. Department of Housing and Urban Development (HUD) will imminently publish a Notice of Proposed Rulemaking in the Federal Register to fulfill the promise of the 1968 Fair Housing Act. The proposed rule aims to remedy the effects of the long history of...

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Making An Impact In The Affordable Housing Industry

The Midwest Affordable Housing Management Association’s members are responsible for the day-to-day management tasks for over 800,000 units of the nation’s affordable housing stock. We understand that creating and maintaining quality affordable housing communities is essential to each family’s ability to reach its full potential. Join Us in making a difference.

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