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Terms in this set (61)
Fair Housing - How many 7 Federal Protected Classes
Protected Classes
What are the Federally Race, Color, Religion, Sex, National Orgin, Disability
Protected Classes and Familial Status
Ruling made directly with the owner but cannot be
Private Letter Ruling
changed
Private Letter Ruling Cannot be cited as precedent
HERA Housing andEconomic Recovery Acts
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, 10/7/25, 2:01 PM HCCP Exam fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solved 100% Correct!! F…
What year does HERA 2008
start
When did LIHTC Start 1986 - 10/22/1986
1. Rent to Qualified Households
To Retain credits, a
2. Keep Rents Affordable
development must:
3. Keep property Decent, Safe and Sanitary
I - Income
I - R - S cheat meaning R - Rents
S - Safe and Sanitary
Considered the Owner but can also be the
General Partner
Management Company
Limited Partner Provides GP with money to build
Syndicator Middle Man - communicates between GP and LP
What are other names for 1. State Agency
HFA - State Housing 2. Allocating Agency
Finance Agency 3. Finance Agency
What is a QAP Qualified Allocation Plan
What is QAP also Known Game Plan
As
What is the Game Plan QAP - Qualified Allocation Plan
Used by the states to decide who gets credits using
What is QAP for?
the scoring system
Form used by the state agency to file non compliance
What is form 8823
to the IRS
Who files 8823? State Agency
Provides agency's with reference on how to complete
What is 8823 Guide book
form 8823
What is LURA? Land Use Restriction Agreement
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