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AFTC 120 - LIHTC Family Income Documentation in 7S
Course Description
Participants in this course will learn how to document household income when qualifying a household for Low Income Housing Tax Credit (LIHTC) housing.
Course Objectives

After completing this course you will be able to:

  • Recognize what is considered family income.
  • Document current and anticipated wages.
  • Document other information.
Chapters and Pages
 
- Welcome!
- What is Considered Family Income?
- Documenting Family Income
- 1. Getting to the Income Tab
- 2. Adding an Income
- 3. Choosing a Household Member
- 4. Selecting an Income Source
- 5. Selecting the Payment Frequency
- MI Certification Screen Other Fields
- 6. Starting the Current Wages Tab
- 7. Filling out Hours/Period
- 8. Review Current Wages Tab Fields
- 9. Review Anticipated Wages Tab Fields
- Other Information Tab Fields
- 10. Check Your Work
- Example Screen
- 11. Save Your Work
- 12. Adding an Additional Income
- Summary
- Final Examination

Related Courses

AFTC 400 - Adding and Canceling Move Out Notices and Adjusting Move Out Dates in 7S
AF59 400 - Adding and Canceling Move Out Notices and Adjusting Move Out Dates in 7S
AFTC 410 - Posting Move Outs in 7S
AF59 410 - Posting and Processing Move Outs in 7S
AF 25 - Community Manager Dashboard and Menus in 7S
AFTC 300 - Recertification Notices in 7S
AF 510 - LIHTC Lease Charge Updates and Manual Posting in 7S
AF59 420 - Move Out Accounting in 7S
AFTC 420 - Move Out Accounting in 7S
AF59 300 - Recertification Notices in 7S