Tax Credit 101
The fundamentals, not the basics.
101 should mean foundational—not simplistic. Tax credit compliance gets difficult when ordinary rules collide with real files. This four-part live series builds a practical framework for the four subjects that drive everyday LIHTC eligibility and rent decisions: Income, Assets, Students, and Rents & Utility Allowances.
Four focused three-hour live courses. Live expert Q&A. Complete Series replay access. Four Activation Guides. Time to learn it, use it, and come back to it.
Complete Series — $885. Buy three. Get the fourth included. Save $295.
Prefer one topic? Individual live sessions are $295 each.
Choose the Complete Series — $885Four Courses. One Practical Method for Solving Compliance Problems.
Across Income, Assets, Students, and Rents & Utility Allowances, learners use the same five-step method: Reference, Research, Application, Document, Act.
Where LIHTC intersects with tax-exempt bonds, HUD, HOME, NHTF, or RD, the differences are made explicit rather than blurred into a one-rule-fits-all shortcut.
Buy three. Get the fourth included—save $295. The Complete Series includes all four live three-hour courses, live expert Q&A at each session, every replay, four Activation Guides, and access through 30 days after the final live webinar.
Connected Framework
Four recurring compliance decision areas.
Build LIHTC expertise while seeing the related program rules that actually collide with it in real properties and files.
Live Expert Access
Q&A in every session.
Bring the real compliance questions you are facing and work through how the rules apply.
Replay + Time
Learn it, then revisit it.
Complete Series participants receive every replay and keep access through 30 days after the final live webinar.
Organizational Continuity
Your training investment stays with the organization.
The Complete Series includes one active learner seat that can be transferred to a replacement participant if staffing changes.
Choose the Format That Fits How You Learn
Complete Series — $885
All four live sessions, every replay, four Activation Guides, and access through 30 days after the final live webinar. Save $295 compared with buying all four live sessions individually.
Individual Live Session — $295
One three-hour live course with live Q&A. Individual live registration does not include replay access; the replay is offered separately after the event.
If you later upgrade to the Complete Series, prior Tax Credit 101 individual purchases count toward the $885 Series price.
Four Core Subjects. Four Focused Live Sessions.
Use these cards for the at-a-glance view. The session details below show what you will actually work through in each three-hour course.
October 27, 2026 · 1:00–4:00 PM Central
Income 101
What counts, what doesn’t, and how do you prove it?
3 hours · $295
November 17, 2026 · 1:00–4:00 PM Central
Assets 101
What is an asset, what value counts, and what income does it produce?
3 hours · $295
December 15, 2026 · 1:00–4:00 PM Central
Students 101
One student fact can change the eligibility answer.
3 hours · $295
January 25, 2027 · 1:00–4:00 PM Central
Rents & UAs 101
Start with the right limit. Then get the gross rent and utility allowance right.
3 hours · $295
COSTELLO UNIVERSITY LEARNING SYSTEM
Built for Active Learning
The Activation Guide is a working companion to the live course—not a handout that disappears into a folder.
Participants use it while the rules are being taught and can return to it later when the issue shows up in a real file.
A Look Inside the Activation Guide
Built to move from rule to file.
The guide keeps the governing source, explanation, application, documentation, and next action together so participants do more than listen.
What makes it useful: the material is organized around the decisions compliance professionals actually have to make, with space to work through the reasoning while it is fresh.
Governing Sources
Direct requirements + program-specific references.
See the underlying authority and which rule applies.
Practical Explanation
Analysis + practical pointers.
Translate the source into the decision that has to be made.
Worked Application
Examples + scenarios.
Use the rule while the facts and reasoning are in front of you.
Knowledge Checks
Questions + answers.
Test the conclusion before moving on.
Documentation
Support the answer clearly.
Identify what should be retained in the file and why it supports the result.
Action Items
Turn learning into practice.
Leave with specific items to verify, change, or revisit after class.
Income 101 · October 27, 2026 · 1:00–4:00 PM Central · $295
INSIDE THE SESSION
Income | What counts, what doesn’t, and how do you prove it?
Income 101 moves from the core HUD Part 5 framework into the issues creating questions now, then shows how those rules carry into LIHTC and other affordable housing programs.
Add Income to Cart — $295You’ll work through
- HOTMA income rules, exclusions, and annual adjustment factors
- Earned, unearned, nonrecurring, and self-employment income
- Gig-economy income and documentation
- Student financial assistance
- Emerging issues including ABLE accounts, HUD-VASH income, and Medicare Advantage/Flex Card benefits
- Verification choices and program differences
Assets 101 · November 17, 2026 · 1:00–4:00 PM Central · $295
INSIDE THE SESSION
Assets | Three asset types. Three questions that drive the answer.
Assets 101 separates what the asset is, what value counts, and what income must be counted—then applies the thresholds and program rules that change the result.
Add Assets to Cart — $295You’ll work through
- Necessary personal property, non-necessary personal property, and real property
- Market value versus net asset value
- How the annual asset threshold affects personal property, self-certification, and imputed income
- Asset exclusions and internet-based assets
- Asset income and imputation
- Verification and self-certification differences among programs
Students 101 · December 15, 2026 · 1:00–4:00 PM Central · $295
INSIDE THE SESSION
Students | One student fact can change the eligibility answer.
The rules are short on paper and complicated in real files. Students 101 works through the LIHTC and tax-exempt bond rule, its exceptions, documentation, and what changes when HUD, HOME, or RD rules also apply.
Add Students to Cart — $295You’ll work through
- The five-month full-time student rule—even after attendance has ended
- The five LIHTC/tax-exempt bond exceptions and their documentation
- Marriage, single-parent, former-foster, welfare, and job-training exceptions
- State-policy gray areas and the need for a consistent approach
- How student rules differ across LIHTC/bonds, HUD, HOME, and RD
- Why multiple program rules must be applied separately rather than collapsed into a “most restrictive” shortcut
Rents & Utility Allowances 101 · January 25, 2027 · 1:00–4:00 PM Central · $295
INSIDE THE SESSION
Rents & Utility Allowances | The wrong starting limit can make every calculation after it wrong.
Rents & Utility Allowances 101 follows the compliance chain from selecting the correct MTSP income limit to the rent actually charged—and then adds the utility allowance rules that can change that answer.
Add Rents & Utility Allowances to Cart — $295You’ll work through
- Minimum set-asides, Average Income designations, and the correct MTSP limits
- Hold harmless, HERA Special, and rural national non-metropolitan limits
- Gross rent limits, rent floors, and bedroom calculations
- Rental assistance, tenant rent, fees, and lease-rent accuracy
- Utility allowance hierarchy, methods, and building-level rules
- Annual utility allowance analysis, implementation timing, and HUD/RD/HOME interactions
Learn. Ask. Revisit.
Build the framework once, then keep using it. The Complete Series combines focused live instruction, real-time problem solving, Activation Guides, and replay access so the learning can continue after each webinar ends.
Learn Live
Three focused hours on one core LIHTC subject at a time—foundational without being simplistic.
Ask the Expert
Bring real compliance situations. Live Q&A turns the webinar into practical problem solving.
Revisit
Complete Series participants can use the replay when they miss a session or return to the material after the issue appears in a real file.
Built for People Who Need to Make, Review, or Defend LIHTC Compliance Decisions.
The fundamentals, not the basics.
Newer to LIHTC? Build a framework instead of memorizing disconnected rules. Experienced? Re-test the fundamentals, challenge inherited habits, and sharpen the decisions you make every day.
Designed For
- Site and compliance staff
- Regional managers
- Owners and agents
- Agency and monitoring staff
- Investors
- Others who need solid LIHTC fundamentals they can actually use
A Structured Development Path
The Complete Series gives one learner a connected path through the four core LIHTC subjects, with live instruction, Activation Guides, expert Q&A, and replay access that supports continued learning between sessions.
Attendance, certificates, and completion records remain tied to the individual who earned them.
Rules Matter. Application Matters More.
Scott Michael Dunn
Costello University training is built around practical compliance decisions, not just rule recitation. The goal is a framework you can use when the file in front of you does not look like the example in the manual.
Questions Before You Choose?
What does “101” mean?
Can I buy just one course?
Does an individual live registration include the replay?
What if I miss a live session in the Complete Series?
How long does Complete Series access last?
What if the person registered leaves our company?
When is the Rents & Utility Allowances session?
Learn. Ask. Revisit.
Build the framework once, then keep using it.
Complete Series — $885
Four live courses. Four replays. Four Activation Guides. Access through 30 days after the final session. Save $295 versus purchasing all four live sessions separately.
Prefer one subject—or want two or three? Add the individual live courses you want to your cart for $295 each, then check out once.
Already started Tax Credit 101? Prior individual purchases count toward the $885 Complete Series price.
Choose the Complete Series — $885