Guidance on LIHTC Income Averaging

Breaking Down Income Averaging with NCSHA’s Stockton Williams, NCSHA video, December 11, 2018
State Income Averaging Policies, NCSHA, December 6, 2018
Non-Compliance in LIHTC Income Averaging Properties, Thomas Stagg, Novogradac & Company, November 28, 2018
Dominium Income Averaging, Jen Brewerton, November 13, 2018
States Begin Issuing Average Income Set-Aside Guidance, AJ Johnson Consulting Services, Inc. July 5, 2018
NCSHA Letter to the IRS Regarding Average Income Minimum Set-Aside, AJ Johnson Consulting Services, Inc., June 23, 2018
Implementation of LIHTC Income Averaging Raising Key Questions, NMHC, June 21, 2018
Aspire to Average! Part 4, Scott Michael Dunn, Costello Compliance, June 19, 2018
NCSHA Sends Letter to IRS and Treasury Concerning Income Averaging Issues, June 15, 2018
QAP Updates for Various States, HousingOnline.com ( (NH & RA), June 2018
LIHTC Allocating Agencies’ Initial Implementation of Income Averaging, Mark Shelburne, Novogradac, 06/11/2018
Form 8609 (revised 05-2018)
NCSHA Develops Income-Averaging Q&A, Jennifer Schwartz, NCSHA.org, April 21, 2018
     NCSHA Q & A Document
Implementation of LIHTC Income Averaging, Mark Shelburne, Thomas Staggs, Novogradac & Company, April 20, 2018
Housing Credit Income Averaging - State Implementation Webinar, NCSHA, April 6, 2018
Important Changes to LIHTC by CA Act of '18, Richard Goldstein, Forrest David, Milder, Nixon Peabody, March 28, 2018
Income Averaging Discussion and Examples, A.J. Johnson, AJJCS.net, March 26, 2018
LIHTC Bulletin, Sullivan & Worcester, March 26, 2018
Fiscal Year 2013 Program & Budget Initiatives - LIHTC (HUD's thinking on income averaging from 2013)
LIHTC Income Averaging Brochure, New York Housing Conference, Inc.

​State Guidance
Arizona Department of Housing, Information Bulletin No. 23-18 Income Averaging Election

California Tax Credit Allocation Committee, Proposed Energency Regulations, March 26, 2018

Colorado Housing Finance Authority, Fiscal Year '18 Omnibus Spending Bill Implementation Update, May 4, 2018

​Connecticut Housing Finance Agency, Income Limits and Gross Rents Look Up, April, 2018

Georgia Department of Community Affairs, DRAFT Income Averaging Policy

Indiana Housing & Community Development Authority, Income Averaging Policy, 4% TEB Developments, April 27, 2018

Maryland Department of Housing and Community Development, QAP, March 19, 2018

Michigan State HOusing Development Authority, Income Averaging Guidance, June 13, 2018

Minnesota Housing - Income Averaging: Current Applicability by Development Stage, May 2018

Oregon Housing & Community Services - Technical Advisory, April 16, 2018 

Pennsylvania Housing Finance Agency, Income Averaging Interim Guidance, June 13, 2018