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National Center on Law & Elder Rights: Legal Basics of Subsidized Housing Rents: Income, Formula-Based, and Tax Credit Properties

  • 10 Mar 2020
  • 2:00 PM - 3:00 PM
  • WebCast

Legal Basics of Subsidized Housing Rents: Income, Formula-Based, and Tax Credit Properties

When: Tuesday, March 10, 2020, at 11:00 a.m. PT/2:00 p.m. ET.

A variety of rules govern the setting and adjustment of rents in different federally assisted rental housing programs. For most tenants in these programs, a tenant’s share of the rent is based on the tenant’s income, usually at 30% of adjusted household income. For some tenants, however, the rent may be unrelated to tenant income. This is true for: 1) tenants in privately owned, federally supported housing, without deep rental subsidies or with formula rents; 2) for certain public housing tenants who pay a “flat rent” based on reasonable market value or who are subject to minimum rents set by statute; and 3) tenants in Low Income Housing Tax Credit (LIHTC) properties where rents are set based on a percentage of the local area median income.

This Legal Basics webinar will provide an overview of the rules governing tenant rent contributions in the major federal programs, including public housing, project-based rental assistance programs, the Housing Choice Voucher program, and LIHTC. The webinar will also review how a tenant’s rent contribution is established and adjusted in different programs, with a particular focus on the rules governing income determinations.

Presenter:

  • Lisa Sitkin, Senior Staff Attorney, National Housing Law Project

Closed captioning will be available on this webcast. A link with access to the captions will be shared through GoToWebinar’s chat box shortly before the webcast start time.

This training will be presented in a WEBCAST format to accommodate more participants. Due to the high volume of participants, computer audio will be the only option to listen to the presentation. No telephone call-in number will be provided. Please plan accordingly. Thank you. 

This webcast will be recorded and available on our website shortly after the presentation. The recording and training materials will also be emailed to all registrants within a few days after the training.

The webcast will take place on Tuesday, March 10, 2020 at 11:00 a.m. PT/2:00 p.m. ET.

Register Here


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