Income Averaging Training Webinar

Income Averaging Set-Aside for LIHTC Projects
Stakeholder Perspectives Across the Tax Credit Industry 
Thursday, September 20, 2018
2:00 – 3:30 PM EDT   Details & Register

$109 per attendee

About This Training

In March 2018, Congress enacted The Consolidated Appropriations Act of 2018 (Act), which permanently establishes a third minimum set-aside election known as “Average Income” for new housing projects that leverage Low-Income Housing Tax Credit (LIHTC) equity. Today, project stakeholders including syndicators, investors, multifamily developers and property managers are seeking clarity on what income averaging means for their existing deal pipeline and future tax credit applications. Similarly, certain state housing agencies such as Ohio Housing Finance Agency and California TCAC have adopted regulations to implement Income Averaging, while others, such as Alaska Housing Finance Corp. have said Income Averaging will not be allowed at LIHTC projects.

With this monumental change to IRC Section 42 in focus, this 90-minute webcast aims to bring clarity to the tax credit industry. If your organization develops, invests in, asset or property manages or has regulatory oversight of LIHTC housing, this trainings is for you. Join co-hosts Vinnie Viola and Marie Peace for an interactive training on Income Averaging with with an all-star panel of experts:

  • Thom Amdur, Executive Director, NH & RA
  • Beth Mullen, CPA, Partner, CohnReznick
  • Scott Michael Dunn, CEO/Owner, Costello Compliance
  • Tim I. Henkel, Senior Vice President, Pennrose Properties, LLC
  • Troy Pohlkamp, CCO, Red Stone Equity Partners, LLC


  1. Overview of Income Averaging Test, the New Minimum Set-Aside
  2. The Math Behind Income Averaging
  3. Revised Form 8609
  4. Section 42 Compliance Challenges
  5. State HFA Trends and Survey Results
  6. Panel Member Perspectives
  7. Q & A