Being the only Cardinals fan in our Royal Blue Kansas City office is fine by me. First off, I love my team. (Since they started interleague play, we have a big lead on the Royals, by the way). Second, being an outsider fits my personality. I don’t just tell people what they want to hear. I tell people what I think.
Your Low Income Housing Tax Credit (LIHTC) development is a big investment. With that much money and that many families’ futures riding on it, you can’t mince words. Clear communication is key to the success of a project. And I promise I will always be honest with you.
A big part of my job at Travois is staying on top of regulatory and compliance changes throughout the country. If you keep up with me on our blog, you have seen that I take this very seriously. Ours is an environment of constant change. Keeping LIHTC investors, tribal housing managers and tenants on the same page is an ongoing challenge.
My team has the qualifications we need to help you adapt to this changing environment — HCCP, UPCS, HCM-R, CTHP and others. I serve on the Housing Credit Certified Professional (HCCP) Board of Governors. The HCCP Board of Governors is comprised of 22 representatives from the LIHTC industry including members of the National Association of Home Builders, state housing finance agency staff and other LIHTC professionals. This group establishes all policies for HCCP programs.
The one thing in our industry that doesn’t change is the need for honest and clear communication. That skill is something you can’t learn in a classroom. I have learned it over my years working in housing, criminal justice and the business world. I promise you, I have seen and heard it all.
So no matter what your challenge is, call me up. Let’s start working together today to build on your past successes to help build your tribe’s brighter future.
As I began to close the books on another year — that went by way too fast — I took some time to reflect back on everything we accomplished in 2015. I also took time to reflect on the season as I spent time with family and friends in my home.
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The U.S. Department of Housing and Urban Development (HUD) released the income limits for 2015 recently.
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What happened to the first two months of 2015? I had an opportunity to look at the calendar today and realized we are getting ready to close out the month of February.
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The U.S. Department of Housing and Urban Development (HUD) announced a change last month to the method for calculating income generated by assets.
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Although not many of you have had an opportunity to meet her, I thought it was fitting to say farewell to the “godmother” of the housing tax credit: Grace Robertson. Grace has been the IRS Section 42 program analyst for 15 years.
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Our Travois Asset Management team would like to pass along a few important industry updates.
2015 Social Security COLA announced
The Social Security Administration has announced that beginning January 2015 all recipients of Social Security and Supplemental Security Income (SSI) will receive a 1.
Our Travois Asset Management team would like to pass along an important industry update.
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We are pleased to announce that Travois Asset Management now includes a dedicated compliance division.
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Travois Asset Management is sponsoring a Uniform Physical Conditions Standards (UPCS) Inspection Protocol Training on Monday, Sept. 8 and Tuesday, Sept. 9 at the Mystic Lake Casino Hotel in Prior Lake, MN.
Hurry and book your hotel room before this Friday’s deadline.
In this installment of “Compliance Corner,” we answer two common questions about calculating income for residents of Low Income Housing Tax Credit (LIHTC)-financed homes.
Question No.
