Search results
Results From The WOW.Com Content Network
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.
National Equity Fund, Inc. was founded by the Local Initiatives Support Corporation to be one of the first LIHTC syndicators, following the creation of LIHTC in the Tax Reform Act of 1986. LIHTC provides investors in affordable housing a dollar-for-dollar reduction in federal taxes in exchange for equity in new or refurbished affordable housing ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The National Association of Home Builders has a specialized designation for the affordable housing industry through the Low Income Housing Tax Credit (LIHTC) program: Housing Credit Certified Professional (HCCP) In the UK: Association of Residential Managing Agents (ARMA, now The Property Institute, TPI)
All volunteers must pass a code of conduct exam and an intake interview/quality review exam. The VITA tax returns are prepared by IRS tax law certified volunteers. The volunteers are taught how to use tax software and specific tax law each year. They must pass a tax law exam to receive basic or advanced certification. The passing score is 80%.
SWAYAM has accumulated 203 partnering institutes, 2,748 completed courses, 12,541,992 student enrollments, 915,538 exam registrations, and 654,664 successful certificates. [ 7 ] SWAYAM (meaning 'Self' in Sanskrit ) [ 8 ] is an acronym that stands for "Study Webs of Active-Learning for Young Aspiring Minds" [ 9 ]
Its key functions include approving education and training programmes which health and care professionals must complete before they can register with the HCPC; and maintaining and publishing a Register of health and care providers who meet predetermined professional requirements and standards of practice.