LIHTC Acquisition/Rehab Training in May in Chicago

Liz Bramlet Consulting’s Training Center 

Maximizing Your Acquisition/Rehab LIHTC Project – Chicago 

The same rules apply to projects a developer buys and rehabs as to those they build from scratch.  But ac/rehab projects are more complicated to develop and to place in service because there are more moving parts in play, all of which can impact the value of the credits. Unique in the marketplace, Maximizing Your Acquisition/Rehab LIHTC Project provides guidance for developers, syndicators, asset and property managers, and agency officials on how to manage those moving parts, including the existing residents, so that a project produces its maximum tax credit. 

• Review LIHTC program rules as they apply to ac/rehab sites 
• Learn the best time to complete the initial resident income certifications 
• Learn how LIHTC residents take their ability to produce a tax credit with them when they transfer during the rehab period
•  Learn about special situations including rehabilitating a HUD-assisted or public housing community and resyndicating an existing LIHTC project

See the full agenda and register at:  http://stores.lbctrainingcenter.com/-strse-5/Maximizing-Your-Acquisition-fdsh-Rehab-LIHTC/Detail.bok

Following completion of the class, take an exam online and become a certified Acquisition Rehab Expert© 

DATE, TIME AND PLACE 

• Tuesday, May 21, 2013 at the Hilton Garden Inn Magnificent Mile located at 10 East Grand Avenue.  Phone number for the hotel is (312) 595 – 0000.  Their Internet address is http://hiltongardeninn3.hilton.com/en/hotels/illinois/hilton-garden-inn-chicago-downtown-magnificent-mile-CHIDNGI/index.html. 
• Registration and continental breakfast begin at 8:30 AM; class begins at 9:00 AM with lunch at noon (on your own); adjournment at 4:30 PM 

COST ‐ $395 PER PERSON (does not include travel costs) 

• Only those who have registered and paid for the seminar will be admitted 
• The $395 fee includes the training manual, a flash drive pre-loaded with resources for acquisition/rehab projects and a highlighter, 

PLEASE BRING A CALCULATOR TO CLASS!!!  

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

Maximum Rent At An LIHTC Project With Multiple Income Limits

A reader sent in a question following my post last week on maximum LIHTC rents.  She has a project with multiple income limits, and wants to know which income limit she should use to calculate her LIHTC rents.  Remember the following points.

• For a unit to produce a low income housing tax credit (LIHTC), the owner cannot charge more than the rent calculated using the income limit in the project’s minimum set aside.
• When an owner commits to using income limits more restrictive than that required by the minimum set aside to qualify residents for some of their LIHTC units, that is a commitment made to their state housing finance agency in exchange for being awarded an LIHTC allocation. 
• Because using the multiple income limits is a commitment made to the state agency, the owner must confer with the HFA as to what income limits they must use to calculate maximum rent for their different LIHTC units. 
• The HFA may have established which income limit the owner must use to calculate maximum LIHTC rent for their different units in the project’s LIHTC regulatory agreement.

For a review of additional rules often misconstrued by LIHTC practitioners, take our webinar, Commonly Misunderstood Rules of the LIHTC Program.  To read the full agenda and to register, go to http://stores.lbctrainingcenter.com/-strse-57/Commonly-Misunderstood-Rules-of/Detail.bok. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

The HERA-Special Income Limit and Maximum LIHTC Rent

A reader has submitted a question regarding an example from my last post.   In calculating the maximum LIHTC rent for a two-bedroom apartment, I used the HERA-special income limit, and they want to know why.

The information supporting the example states that we are calculating rent for an Impacted project.  Remember that an Impacted project is one that was placed in service prior to January 1, 2009, and so the owner may use the HERA-special income limits HUD issues for LIHTC projects for their county or metro area.  An owner wants to use the HERA-special income limits if they qualify to do so because they are higher than an area’s non-Impacted limits, and therefore produce a higher rent potential for their project.  An owner may not use the HERA-special income limits for any project placed in service on or after January 1, 2009.   

For a review of additional rules often misconstrued by LIHTC practitioners, take our webinar, Commonly Misunderstood Rules of the LIHTC Program.  To read the full agenda and to register, go to http://stores.lbctrainingcenter.com/-strse-57/Commonly-Misunderstood-Rules-of/Detail.bok. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

Liz Bramlet Consulting’s LIHTC Webinar Schedule

Spring/Summer Webinar Calendar

 Commonly Misunderstood Rules of The LIHTC Program

There are many rules a developer must understand to successfully utilize the LIHTC program.  The same can be said for property managers.  The regulations governing compliance are complex, and a manager’s success at implementing them involves understanding loads of detailed rulings and guidance.  As a result, there are many myths that float around the affordable housing industry that have led to some common operational errors.  Commonly Misunderstood Rules of the LIHTC Program is designed to dispel the myths and misconceptions developers and managers labor under that prevent them from obtaining the maximum value from the LIHTC for their properties. 

Commonly Misunderstood Rules of the LIHTC Program is an intermediate level course for people who already have a working knowledge of the LIHTC program.

Tuesday, April 9, 2013 at 12:00 Noon, Eastern Time

 Planning Resident Relocation to Maximize Credit Delivery

Are you responsible for planning the resident relocation activities necessary to implement the rehabilitation activities at an LIHTC project?   Do you need to know how to track your residents’ relocation activities and their impact on your ability to meet your credit delivery schedule?   If you answered yes to either of these questions, Planning Resident Relocation to Maximize Credit Delivery is for you.   Many acquisition/rehab projects have residents in place that must be relocated during the rehabilitation phase.  But you don’t want to relocate the residents in a hap hazard manner.  You want to develop a relocation plan that coordinates with the construction schedule and enables you to deliver the credit stream on time to your LIHTC investors. 

Planning Resident Relocation to Maximize Credit Delivery is an advanced level class.  It is assumed a participant has a strong understanding of the workings of the LIHTC program.

Tuesday, May 14, 2013 at 12:00 Noon, Eastern Time

Managing a Mixed-Income LIHTC Project

It is much more complicated to plan and to operate a mixed-income LIHTC project than it is a 100 percent low income community. Through this interactive seminar, learn how to plan and to lease-up a mixed income project, and how to manage it through its compliance period so it produces its maximum possible tax credit. Learn how to locate your low income units, how to fix those low income units if that is your plan, and how to make the correct leasing and occupancy decisions so that your mixed income community meets your investors’ goals, and become an expert in operating the most complicated LIHTC projects in the process.  

Managing a Mixed Income LIHTC Project is an intermediate level class.  It is assumed that someone registering for this class has a working knowledge of the LIHTC program.  Generally, it is easier to learn how 100% LIHTC projects operate before tackling mixed income communities.

 Tuesday, June 18, 2013 at 12:00 Noon, Eastern Time

 Income Limits and Rents in the LIHTC &

Tax-Exempt Bond Programs

HUD elected to stop holding its income limits harmless in 2010. What does this mean for the LIHTC program and for new and existing LIHTC and tax-exempt  projects? How does the Housing and Economic Recovery Act (HERA) of 2008 protect the LIHTC program from the full impact of HUD’s decision now and in the future? Does the rule governing the rent floor in the LIHTC program remain relevant? How about mixed-finance projects? What does the new methodology HUD uses to calculate the Section 8 and LIHTC income limits mean for projects with HOME funding, or for sites with project-based Section 8 or public housing occupancy subsidy, or Section 236 mortgage insurance?   

The webinar is a 2-hour discussion of how owners determine their income limits and maximum allowable rents at LIHTC and/or bond-financed projects.  Bring your income limits, rents and your questions to class.

Income Limits and Rents in the LIHTC & Tax-Exempt Bond Programs is a beginner to intermediate level course.  Everyone who is new to the LIHTC and Bond programs must learn how to determine the income limits and rents for their projects.  Practitioners with years of experience must ensure they understand how the rules governing rents and income limits have changed in recent years. 

 Tuesday, July 9, 2013 at 12:00 Noon, Eastern Time

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to Receive Our Current Course Catalog

•  To learn about all the designations we offer professionals in the affordable housing industry, click on: http://stores.lbctrainingcenter.com/-strse-Certification-Exam/Categories.bok
•  To review our current training calendar, click on: http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok
•  New course offerings are announced on Twitter at www.twitter.com/lizbramlet and on Liz’s blog at www.lizbramlet.wordpress.com

Pre-HERA VS Post-HERA HOME/LIHTC Projects

A reader writes to ask about the rules she must follow in making the occupancy decisions for her project that is part of both the low income housing tax credit (LIHTC) and HOME programs.  Specifically, she wants to know if she must continue to implement the 40% @ 50% rule even though the Housing and Economic Recovery Act (HERA) of 2008 removed this requirement.  She was told by her compliance monitor that she must implement this rule but does not understand why.

First, let us review what the 40% @ 50% rule requires from an owner.  For projects placed in service prior to July 30, 2008, if the owner received a loan through the HOME program that carried a below-market interest rate, it was considered a federal subsidy. A below-market interest rate is defined as falling below the announced applicable federal rate (AFR).   To benefit from 9 percent LIHTC, the owner must rent 40 percent of the units in every HOME assisted building to residents with income at or below 50 percent of the area median income (AMI).  If they fail to apply this rule, their LIHTC are considered “tainted” by the federal subsidy, and the owner is limited to claiming 4 percent LIHTC.

HERA included a long list of federal programs that may provide financial or rental assistance to an LIHTC project without being considered a federal subsidy.  Under HERA, the only program now considered a federal subsidy is the tax-exempt private activity bond program.  Any project placed in service after July 30, 2008 that is not bond-financed, has the potential to produce 9 percent LIHTC, even if it receives a below-market rate HOME loan and the owner does not implement the 40% @ 50% rule.

To answer my reader’s question, because her project was placed in service prior to HERA’s passage on July 30, 2008, she must continue to implement the 40% @ 50% rule if she wants her investor to continue to benefit from 9 percent LIHTC.

For a review of additional rules often misconstrued by LIHTC practitioners, take our webinar, Commonly Misunderstood Rules of the LIHTC Program.  To read the full agenda and to register, go to http://stores.lbctrainingcenter.com/-strse-57/Commonly-Misunderstood-Rules-of/Detail.bok. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

When Do I Care How Many Buildings Are In My LIHTC Project?

Recently, a client asked about the implications for making a building part of a multiple building project.  She was told that the only regulation in the low income housing tax credit (LIHTC) program impacted by what buildings an owner includes in the same project is the minimum set aside.  That was true for years, but as the program has evolved, the IRS has given notice of additional rules that vary in their impact based on how an owner defines their project.

Let’s begin by reviewing how an owner defines a project in the LIHTC program.  They do so as they complete Part 2 of each building’s 8609 form.  On Line 8b, the IRS asks the owner if they plan to operate the building as part of a multiple building project.  If the owner says no, the building represented by the form is a single-building project.  If the owner answers yes, they attach a list of the other buildings they are including in the same project.  It is important that the owner provide property management with a copy of each building’s 8609 form after they have completed Part 2.  There are several rules where how an owner is required to comply depends on how many buildings they include in the same project. 

The Minimum Set Aside – When an owner elects a mnimum set aside, they are committing to the minimum number of units in their project they will rent to LIHTC-qualified residents.  They can commit to renting at least 20% of their project’s units to residents with income not above 50% of the area median income (AMI), or to renting at least 40% of the units in their project to households with income at or below 60% of the AMI.  An owner must be in compliance with their minimum set aside before any building included in the project can begin its credit period.

If an owner has three buildings but elects to operate each as a single-building project, they must apply their minimum set aside by building.  If for example they elect the 40% @ 60% minimum set aside, at least 40% of the units in each building must be occupied by residents with income not above 60% of the AMI before that building can produce a tax credit of any size.  If, however, the owner includes all three buildings in the same project, they must rent 40% of the units amongst the three buildings to households with income at or below 60% of the AMI for any of the buildings to begin its credit period. 

Income Limits – In 2008, the Housing and Economic Recovery Act (HERA) altered the system by which owners determine their project’s income limits in the LIHTC program. 

• If a project is Impacted, defined as having been placed in service (PIS) by December 31, 2008, the owner may use HERA-special income limits when issued for their county to qualify applicants for their affordable units and to calculate their maximum LIHTC rent.  An owner wants to use their county’s HERA-special limits if possible because they are higher than the regular LIHTC income limits, thereby expanding the project’s market and creating a higher rent potential.
• A project placed in service on or after January 1, 2009 is classified as non-Impacted and therefore, the owner may not use the HERA-special income limits.  The owner must use the regular income limits to qualify households and calculate rents, but for which year?  A project already in service when a new year’s income limits are issued may continue to use those for the previous year if the limits have gone down.  A project placed in service after the date HUS issues the new year’s limits must use the new limits.

You’ll notice that what income limits an owner uses is based on when their project is placed in service, but in most cases, an owner places in service by building.  When implementing the HERA provisions, the IRS insured that owners could use the same income limits for all buildings included in the same project, even if they place the buildings in service in different years.  An owner determines what income limits apply to their project based on when they place their first building into service.  If, for example, an owner includes three buildings in the same project, and places one building in service in 2013 and the other two in 2014, the owner chooses the income limits for all three based on having placed the first building in service in 2013.  If instead, the owner chose to make each buildng a single-building project, if the income limits go down in 2014, they may continue to use the 2013 income limits for building one, but must use the 2014 income limits to qualify applicants for buildings two and three.

Transfers – A resident may transfer to another building included in the same project without needing to re-qualify for the LIHTC program. 

• At a 100% LIHTC project, a resident may transfer to any other unit in any other building included in the same project. 
• At a mixed-income project, a resident may transfer to another building in the same project if their income did not exceed 140% of their income limit at their most recent annual recertification. 

If an owner plans to move a resident to a building they did not include in the same project, they must qualify the household again for the LIHTC program if they want their new unit to produce a tax credit.  This is critical for management to understand during a project’s operational phase, but also during the rehabilitation phase at an ac/rehab project if the residents will be relocating around the site to acomodate the rehab activities. 

For a review of additional rules often miscontrued by LIHTC practioners, take our webinar, Commonly Misunderstood Rules of the LIHTC Program.  To read the full agenda and to register, go to http://stores.lbctrainingcenter.com/-strse-57/Commonly-Misunderstood-Rules-of/Detail.bok. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

PIS Dates VS Initial Date of Occupancy at LIHTC Projects

After reviewing my last post, a reader writes this morning to ask about the difference between a unit’s placed in service date and the date of occupancy for a unit’s initial LIHTC resident.  They had been under the impression that these were the same dates, and wondered why I did not say so.  Indeed, I have had this discussion many times with LIHTC practitioners.  I would end up in circular conversations unable to answer someone’s question until I realized that they were thinking of the PIS date and the date of occupancy for a unit’s initial resident as the same thing.  In fact, these are two different concepts.

As I discussed in my last post, the general definition of a placed in service (PIS) date is the date an LIHTC-qualified resident could occupy a unit.  For new construction, the PIS date is typically tied to the receipt of a certificate of occupancy.  The PIS date for acquisition credits is the date of acquisition, and a developer needs to understand their state agency’s process for establishing the PIS date for their rehab credits.  Once a unit is in service, it has the potential to produce a tax credit but will not start doing so until occupied by an LIHTC-qualified resident. 

For new construction or an unoccupied rehab, the date of occupancy for the initial resident is also the effective date of their tenant income certification (TIC).  For ac/rehab projects with residents already in place, the effective date of an initial tenant income certification can be the date of acquisition if the TIC is completed within 120 days of the owner acquiring the project.  The effective date is the date it is signed by the resident if the TIC is completed more than 120 days after acquisition.  And remember this rule, a unit can start producing its LIHTC once it has been in service for a full calendar month and it is occupied by an LIHTC-qualified resident.

For a review of additional rules often miscontrued by LIHTC practioners, take our webinar, Commonly Misunderstood Rules of the LIHTC Program.  To read the full agenda and to register, go to http://stores.lbctrainingcenter.com/-strse-57/Commonly-Misunderstood-Rules-of/Detail.bok. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

Understanding The Placed in Service Dates for Your LIHTC Project

 

Once a unit is in service a full calendar month, it can begin producing an LIHTC when occupied by an LIHTC-qualified resident.

 

A unit can begin to produce an LIHTC in: 

• April, if it was placed in service (PIS) on March 31st and occupied by a qualified resident by April 30th;
• April, if it was PIS on April 1st and occupied by a qualified resident by April 30th;
• May, if it was PIS on April 2nd and occupied by a qualified resident by May 31st.

The general definition of a placed in service date is the date an eligible tax credit family could occupy a unit.  For new construction, the PIS date generally coincides with the date on the Certificate of Occupancy (C of O) issued by the local inspector.  An owner may place a building in service based on a temporary C of O and all owners, rather they use a temporary or regular C of O, must be able to justify their PIS date for a long period of time.  Never forget that the IRS has until year 21 to conduct an audit, and they may require proof of your PIS date. 

 

An acquisition/rehab property receives two credit allocations:  One set of credits to finance its acquisition and another to finance its rehabilitation.  The PIS date for the acquisition credits is the date of acquisition.  An owner places a building’s rehab credits into service as they complete its rehab activities.  Because an owner’s 10-year credit period must be the same for both sets of credits, their credit period cannot begin until the year the rehab is placed into service.   

 

The PIS date for the acquisition credits is the date of acquisition, but what exactly is the date of acquisition.  Sometimes a developer buys or somehow gains control of a property they plan to sell to a partnership or LLC to rehab through the LIHTC program.  The date of acquisition is the date the ownership entity that will benefit from the credits acquires the project.  Sometimes the investor, and sometimes through a syndicator, comes into the partnership at a date that is later than the date the partnership acquired the project.  The date the partnership or LLC acquires the project remains the date of acquisition, even when the investor joins the partnership at a later date.

 

A developer needs to understand their LIHTC agency’s process for placing rehab credits into service.  The process can vary by agency and based on the circumstances at the project.  If it is a “gut” rehab, the developer will need a certificate of occupancy before they can lease their units, so the PIS date will be based on the date on the C of O.  For lesser rehabs where the owner will not need a C of O, the LIHTC agency will have a different process the developer must satisfy.  The agency will require the developer to provide some alternative documentation that the rehab is significantly complete and ready to go into service.  There will be a form entitled something like “Certification of Significant Completion of Rehab Activities” that will be signed by the owner, perhaps the general contractor and architect, and perhaps by an agency rep that documents the completion of the rehab.  A developer must understand their agency’s process to ensure they are able to get their rehab credits into service on time to produce the LIHTC for the investors when expected.

 

Typically, owners place their tax credits into service by building.  If you have a three-building project, each building has its own PIS date.  There are examples, however, of owners who have placed their credits in service by floor, or even by individual unit, as part of a strategy to deliver their LIHTC faster to the investor.  Discuss these possibilities with your state housing finance agency.

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

 

 

 

 

 

 

 

 

 

 

Tracking Resident Relocation At An LIHTC Project

A reader writes to ask why it is so important to track resident relocation activity at an LIHTC project.  They are planning their first acquisition/rehab deal, and the existing residents will need to relocate around the 4-building project to accommodate the rehab activities.  The developer and property manager want to know if there is some need to track where the residents relocate to, beyond needing to know for which unit each resident is legally responsible for at any given time.  They plan to place the rehab in service during 2013, to have all residents back in their original units and any additional leasing activity complete by the end of the year.

Even if an owner has all their projected LIHTC units qualified as of 12/31 of the first year of the credit period, where each resident lived during each month of that year has a direct impact on the size of the tax credit the LIHTC investor can take on their year one tax return.  This developer and property manager need to understand something referred to as the first year averaging convention.

An owner may not take the entire credit a building produces its first year in the tax credit program on their tax return for year one of the credit period. The investors must split a building’s tax credit for year one between their tax returns for year one and year 11. How this split occurs depends on how quickly the property manager qualifies the units for the LIHTC program during year one.

The owner calculates a building’s applicable fraction at the end of each calendar month during year one and then calculates the average applicable fraction for the year.  The average applicable fraction determines how much of the first year’s tax credit the investors may take on the tax return for year one and how much they must wait and take on their return for year 11 of the compliance period. 

Impact of the First Year Averaging Convention

50 unit, 100% LIHTC building, PIS date of July 15, 2011

 A/F = 0% for Jan – July 2011

A/F = 20% on August 31, 2011

A/F = 40% on September 30, 2011

A/F = 80% on October 31, 2011

A/F = 100% on November 30, 2011

A/F = 100% on December 31, 2011

 Average A/F = 28.33% ((20% + 40% + 80% + 100% + 100%)/12 months)

 Estimated annual tax credit = $450,000

 Estimated tax credit taken on the first year’s tax return = $127,485 ($450,000 x 28.33%)

 Estimated tax credit left for the 11^th year’s tax return = $322,515 ($450,000 – $127,485)

As a resident transfers around the same project, as defined by Line 8b of the 8609 forms, they stop producing a credit in their old unit and start producing a credit in their new unit.  Applying this principle, the owner must track the monthly applicable fraction which will change each month as the residents move into and out of different units during the rehabilitation phase. 

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sign up for our free list service by emailing housingnews@aweber.com.

Maximizing Your Acquisition/Rehab LIHTC Project

The same rules apply to LIHTC projects a developer buys and rehabs as to those they build from scratch. But acquisition/rehab projects are more complicated to take through the allocation process and to place in service because there are more moving parts in play, all of which can impact the value of the tax credits. Unique in the marketplace, Maximizing Your Acquisition/Rehab LIHTC Project provides guidance for developers, syndicators, asset managers, property managers and LIHTC agency officials on how to manage and track all those moving parts, including the existing residents, so that a project produces its maximum tax credit.  

This is an advanced level course on the LIHTC program.  It is assumed that someone registering for this class has a strong understanding of the LIHTC program, and is comfortable applying its rules for both development and compliance in order to learn how an acquisition/rehab project produces its maximum possible credit.

Bring a calculator to class.

Tuesday, May 21, 2013 – Location in Chicago to be announced soon!

Register for our seminar in Chicago at http://stores.lbctrainingcenter.com/-strse-5/Maximizing-Your-Acquisition-fdsh-Rehab-LIHTC/Detail.bok

Demonstrate your knowledge by taking the exam to become a certified Acquisition Rehab Expert (ARE).  We recommend taking the exam soon after you participate in the seminar as the surest way to insure your success.  Register to take the exam by clicking on http://stores.lbctrainingcenter.com/-strse-19/Acquisition-Rehab-Expert-%28ARE%29/Detail.bok.

Review all the courses on our Spring 2013 training calendar by going to http://stores.lbctrainingcenter.com/-strse-Current-Calendar/Categories.bok.

Send an email to support@lbctrainingcenter.com to request our current Course Catalog. 

Send a question you would like answered on this Blog to liz@lizbramletconsulting.com.

Sing up for our free list service by emailing housingnews@aweber.com.