Quiz | Applicable Fraction v. Minimum Set Aside
Feb 23, 2022
Match the letters to the numbers that apply (more than one letter may apply).
1. Applicable Fraction
2. Minimum set-aside
a) is calculated for a building
b) involves unit size
c) is calculated for a project
d) does not involve unit size
e) is an irrevocable election
3. True or False
The Average Income Test minimum set-aside allows for a New York City 25-60 option
4. True or False
The applicable fraction for a building can be found on IRS form 8609.
Click for Answers
Looking for quality online on-demand Affordable Housing training for new managers? Or a great refresher for more experienced ones? Check out our Jump Start! New Manager Bundle. The bundle includes Qualifying Households for the programs that you need and Fair Housing Fundamentals. More information on this amazing bundle is HERE.
There is a very good chance that the topic of this post is covered in an online on-demand course at Costello University.
Stay connected with news and updates!
Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.
We hate SPAM. We will never sell your information, for any reason.
