The Vermont Housing Managers Association (VHMA) is offering an Advanced Low Income Housing Tax Credit Course on Thursday, June 7, 2012 from 8:45 a.m. to 4:30 p.m. The training is intended for senior management staff, developers, corporate finance officers, and others involved in decision-making with regard to how credit deals are structured. The seminar will cover complex issues such as eligible and qualified basis, applicable fraction, credit calculation (including first year calculation), placed in service issues, rehab projects, tax exempt bonds, projects with HOME funds, Next Available Unit Rule, employee units, mixed income properties, vacant unit rule, and dealing effectively with State Agencies.

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