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X-WR-CALDESC:Events for Midwest Affordable Housing Management Association
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DTSTART;TZID=UTC:20230111T140000
DTEND;TZID=UTC:20230111T153000
DTSTAMP:20260502T144513
CREATED:20221116T153618Z
LAST-MODIFIED:20221220T184053Z
UID:1200-1673445600-1673451000@mahma.com
SUMMARY:Understanding the Section 42/Tax Credit Average Income Test - Webinar
DESCRIPTION:On October 12\, 2022\, the IRS published “final and temporary regulations” regarding the new minimum set-aside known as the Average Income Test.  This set-aside is intended to allow for mixed-income housing and makes it possible to rent some units to individuals and families with incomes above 60% of median.  We will explain how this set-aside differs from the 20 @ 50 and 40 @ 60 minimum set asides.  You will learn how to calculate the set-aside and how the applicable fraction applies when this set-aside is in place.  We will also review the most recent information from the states in your region regarding their requirements for the Average Income Set-Aside. \nInstructed By: Gwen Volk \nCancellation Policy: Cancellations must be received in writing five business days in advance.  No shows will be billed.  Substitutes are welcome. \nNon-Members Must Pre-Pay
URL:https://mahma.com/event/understanding-the-section-42-tax-credit-average-income-test-webinar/
LOCATION:Webinar
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