This event has been cancelled. If you have any questions, please contact the event planner directly.
LIHTC File Audit Overview
Trainer: Debbie Piltch, Piltch Associates
IMPORTANT Requirement: Please bring a sample tenant file and calculator with you.
LIHTC File Audit
The course will begin with an overview of the timing of a monitoring agency's tax credit file audit, the information they will be looking to confirm in the files, the information monitors will request prior to the audit. We will also discuss how to review standard documents contained in a file to make sure there are no errors, how to correct non-compliance and the type of information the monitor will request of the site prior to coming and/or on the day of the site visit. We will then review a mock file to go over the types of errors a monitor may find in a file and provide participants an opportunity to self-monitor the file(s) they bring. Please make sure that the sample file you bring has no confidential information (i,e, social security numbers, bank numbers....) pertaining to the household.
Emphasis will be placed on issues that monitoring agencies often focus on, including incomplete applications, recertification updates, inadequate child support documentation, inaccurate income calculations, inconsistencies within a verification, failure to maximize anticipated income, late verifications and TICs signed after leases.
Cancellation Policy:
There is a $50 administrative fee for cancellation 15 working days prior to the course. After this date, fees are non-refundable. A substitute may be sent in the place of the registrant. This organization complies with the Title III of the Americas with Disabilities Act (ADA). The site is accessible for individuals with disabilities and if a registrant requires special accommodations please contact the NEAHMA office at least ten days prior to the date of the course. Outstanding Collection Policy: Payment for trainings and workshops must be paid in full by day of training. There is a $50 administrative fee for invoices over 60 days. There is an additional $10 late fee for invoices older than 90 days. Registrants with outstanding balances that exceed 90 days will be suspended from attending future trainings and workshops until payment is received in full. If more than 3 overdue invoices for one registrant, suspension is immediate and for 6 months. NEAHMA is a non-profit organization and it is imperative that we receive registration fees in a timely manner in order for our organization to continue to conduct trainings and workshops for our members.