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    Fundamentals of Appraising Affordable Housing

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    September 19, 2024
    Date
    September 19, 2024
    Sponsor
    Atlanta Area Chapter
    Location
    Zoom
    Zoom Livestream Broadcast
    Instructor
    Claire M. Feuling, MAI
    Class Time
    7 hours
    Full Price
    $205.00
    AI Price
    $175.00
    Enroll by September 12 and save $25!
    View Pricing Options
    Course Description
    NEW SEMINAR!
     
    This seminar will provide you with a basic understanding of appraising affordable housing. You’ll learn about the differences between an affordable multifamily property and a conventional market rent property and discover how regulatory forces rather than the market determines income and even expenses. You’ll gain a basic understanding of how Low-Income Housing Tax Credit (LIHTC) programs work and recognize how other affordable housing programs interact with LIHTC units. By working problems, you’ll see how traditional appraisal techniques and approaches must be modified.
     
     
    Who Should Enroll
    • General Appraisers
    • Underwriters
    • Loan Officers
     
    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 7 7 Synchronous Livestream 10/04/2023 10/04/2026 19650
    AK CE 7 7 Synchronous Synchronous 10/04/2023 10/04/2026 19650
    AL CE 7 7 Synchronous Livestream 03/14/2024 09/30/2024 C02931 (Alabama-Mississippi Chapter)
    AL CE 7 7 Synchronous Synchronous 03/14/2024 09/30/2024 C02931 (Alabama-Mississippi Chapter)
    AR CE 7 7 Synchronous Livestream 10/02/2023 10/02/2025 AI110
    AR CE 7 7 Synchronous Synchronous 10/02/2023 10/02/2025 AI110
    AZ CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    CA CE 7 7 Synchronous Livestream 10/11/2023 10/10/2027 23CP754601558
    CA CE 7 7 Synchronous Synchronous 10/11/2023 10/10/2027 23CP754601558
    CO CE 7 7 Synchronous Livestream 09/28/2023 10/19/2026
    CO CE 7 7 Synchronous Synchronous 09/28/2023 10/19/2026
    CT CE 7 7 Synchronous Livestream 10/11/2023 09/28/2026 AAL.001133
    CT CE 7 7 Synchronous Synchronous 10/11/2023 09/28/2026 AAL.001133
    DC CE 7 7 Synchronous Livestream 10/18/2023 02/28/2026
    DE CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    FL CE 7 7 Synchronous Livestream 11/14/2023 11/13/2025 0010683
    FL CE 7 7 Synchronous Synchronous 11/14/2023 11/13/2025 0010683
    GA CE 7 7 Synchronous Livestream 09/29/2023 09/28/2026
    GA CE 7 7 Synchronous Synchronous 09/29/2023 09/28/2026
    HI CE 7 7 Synchronous Livestream 11/07/2023 12/31/2024 23-430
    HI CE 7 7 Synchronous Synchronous 11/07/2023 12/31/2024 23-510
    IA CE 7 7 Synchronous Livestream 10/02/2023 09/28/2026 A518-2155
    IA CE 7 7 Synchronous Synchronous 10/02/2023 09/28/2026 A518-2155
    ID CE 7 7 Synchronous Livestream 10/12/2023 09/28/2026
    ID CE 7 7 Synchronous Synchronous 10/12/2023 09/28/2026
    IL CE 7 7 Synchronous Livestream 11/08/2023 12/31/2024 575.010686
    IL CE 7 7 Synchronous Synchronous 11/08/2023 12/31/2024 575.010686
    IN CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    KS CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 492.C24.R
    KY CE 7 7 Synchronous Synchronous 10/30/2023 06/30/2024
    KY CE 7 7 Synchronous Livestream 10/30/2023 06/30/2024
    KY CE 7 7 Synchronous Livestream 07/01/2024 05/30/2025
    LA CE 7 7 Synchronous Livestream 10/10/2023 09/29/2026
    LA CE 7 7 Synchronous Synchronous 10/10/2023 09/29/2026
    MA CE 7 7 Synchronous Livestream 10/10/2023 09/28/2026 120167
    MA CE 7 7 Synchronous Synchronous 10/10/2023 09/28/2026 120167
    MD CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    ME CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    MI CE 7 7 Synchronous Synchronous 12/12/2023 12/12/2026 20 - 1125446
    MI CE 7 7 Synchronous Livestream 12/12/2023 12/12/2026 20 - 1125446
    MN CE 7 7 Synchronous Livestream 10/23/2023 10/31/2025 1036073
    MN CE 7 7 Synchronous Synchronous 10/23/2023 10/31/2025 1036073
    MO CE 7 7 Synchronous Livestream 10/10/2023 09/28/2026
    MO CE 7 7 Synchronous Synchronous 10/10/2023 09/28/2026
    MS CE 7 7 Synchronous Livestream 10/25/2023 10/25/2025 MAB #50535
    MS CE 7 7 Synchronous Synchronous 10/25/2023 10/25/2025 MAB #50535
    MT CE 7 7 Synchronous Synchronous 10/05/2023 09/28/2026 REA-CEC-REC- 17033
    MT CE 7 7 Synchronous Livestream 10/05/2023 09/28/2026 REA-CEC-REC- 17033
    NC CE 7 7 Synchronous Livestream 02/09/2024 12/31/2024 4622
    ND CE 7 7 Synchronous Livestream 10/13/2023 09/28/2026 CE-2223088
    NE CE 7 7 Synchronous Livestream 02/14/2024 02/14/2029 223340T.02
    NH CE 7 7 Synchronous Livestream 12/28/2023 09/28/2026
    NH CE 7 7 Synchronous Synchronous 12/28/2023 09/28/2026
    NJ CE 7 7 Synchronous Livestream 10/26/2023 09/28/2026 2023-3439
    NJ CE 7 7 Synchronous Synchronous 10/26/2023 09/28/2026 2023-3439
    NM CE 7 7 Synchronous Livestream 10/10/2023 09/28/2026 4340
    NM CE 7 7 Synchronous Synchronous 10/10/2023 09/28/2026 4340
    NV CE 7 7 Synchronous Synchronous 10/06/2023 10/31/2024 CE.0009807-A
    NV CE 7 7 Synchronous Livestream 10/06/2023 10/31/2024 CE.0009807-A
    NY CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 A5693-07
    NY CE 7 7 Synchronous Synchronous 01/01/2024 12/31/2024 A5693-07
    OH CE 7 7 Synchronous Livestream 01/01/2024 12/31/2024 084404710A 23
    OK CE 7 7 Synchronous Livestream 10/10/2023 09/28/2026 810
    OK CE 7 7 Synchronous Synchronous 10/10/2023 09/28/2026 810
    OR CE 7 7 Synchronous Livestream 10/12/2023 09/28/2026 APIN-C-1023-9005
    OR CE 7 7 Synchronous Synchronous 10/12/2023 09/28/2026 APIN-C-1023-9005
    PA CE 7 7 Synchronous Livestream 10/04/2023 09/28/2026
    PA CE 7 7 Synchronous Synchronous 10/04/2023 09/28/2026
    PR CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    RI CE 7 7 Synchronous Livestream 10/04/2023 09/28/2026 REA.0002096-CE
    RI CE 7 7 Synchronous Synchronous 10/04/2023 09/28/2026 REA.0002096-CE
    SC CE 7 7 Synchronous Livestream 01/25/2024 08/31/2024 CE2167
    SD CE 7 7 Synchronous Livestream 01/30/2024 09/28/2026
    SD CE 7 7 Synchronous Synchronous 01/30/2024 09/28/2026
    TN CE 7 7 Synchronous Synchronous 10/06/2023 10/31/2025 2720
    TN CE 7 7 Synchronous Livestream 10/06/2023 10/31/2025 2720
    TX CE 7 7 Synchronous Livestream 10/16/2023 09/28/2025 TX Provider #10 Course #:47664
    UT CE 7 7 Synchronous Synchronous 10/05/2023 10/31/2025 AC231010
    UT CE 7 7 Synchronous Livestream 10/05/2023 10/31/2025 AC231010
    VA CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    VT CE 7 7 Synchronous Livestream 10/02/2023 10/02/2027
    VT CE 7 7 Synchronous Synchronous 10/02/2023 10/02/2027
    WA CE 7 7 Synchronous Livestream 10/13/2023 09/28/2026 A23028694
    WA CE 7 7 Synchronous Synchronous 10/13/2023 09/28/2026 A23028694
    WI CE 7 7 Synchronous Livestream 09/28/2023 09/28/2026 85796
    WV CE 7 7 Synchronous Synchronous 10/04/2023 09/28/2026
    WV CE 7 7 Synchronous Livestream 10/04/2023 09/28/2026
    WY CE 7 7 Synchronous Livestream 10/01/2023 09/28/2026
    WY CE 7 7 Synchronous Synchronous 10/01/2023 09/28/2026
    Course Objectives
    • Gain an understanding of the principal difference between affordable and market rent properties.
    • Understand the basic constructs of affordable housing programs and how regulatory rather than market forces drive income levels.
    • Learn how to complete meaningful rental analysis.
    • Understand what expenses may be affected by the operation of an affordable housing property.
    • Learn to adjust the Income, Sales Comparison, and Cost Approaches to better address the income characteristics of affordable housing.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Seminar Schedule

    Equipment:

    • A laptop computer is required for classroom participation; a personal computer or laptop computer is required for synchronous participation.
    • For synchronous, offerings, it is highly recommended that you have two screens.
    • A spreadsheet program is required (participants may use other spreadsheet programs, but those programs won’t be supported in class; demonstrations will be done in Excel).

    Additional Information:
    Course Material:

    • Seminar Handbook (172 pp.)
    • Pre-Class Downloads (387 KB)

    Requirements:
    None specified

    Course Materials & Recommended Books
    None specified
    Pricing Options
    Rate Full Price AI Price
    Early-Bird
    Today thru 09/12/2024
    $205.00 $175.00
    Standard
    09/13/2024 thru 09/19/2024
    $230.00 $200.00
    Additional Course Offerings
    Sponsor Date Location Format
    Hoosier State Chapter June 7, 2024 Indianapolis, IN Classroom View Details Register
    Chicago Chapter October 8, 2024 Chicago, IL Classroom View Details Register
    Long Island Chapter November 14, 2024 Synchronous View Details Register
    Metro New Jersey Chapter November 14, 2024 Synchronous View Details Register
    Event Information

    SCHEDULE:

    September 19, 2024 (Eastern Time Zone)

    • 8:30 a.m. - 9:00 a.m. - Zoom Login & Roll Call
    • 9:00 a.m. - 4:30 p.m. - Class Instruction
    • There will be a 30-minute lunch break.

    REQUIRED EQUIPMENT & TECHNOLOGY:

    • basic free Zoom Application software (https://zoom.us/pricing)
    • reliable internet connection
    • computer, iPad, or tablet
    • web camera (built into laptop computer or external attachment)
    • audio with speaker and microphone capability (built into your computer, headphone, or earbuds)

    New to ZOOM?

    If you are new to ZOOM or need a little refresher, please take their FREE tutorial How to Join a Zoom Meeting.

    Livestream/Interactive Participation Requirements:

    • Students must have a reliable internet connection, computer (or tablet), web camera, audio (speaker and microphone) capability to participate and receive continuing education credit.
    • Students must wear full proper attire.
    • Your webcam must always be in the on position, with you in front of it. Check your webcam privacy settings and allow the Zoom software to access it. If you have a Lenovo laptop, some participants have noticed that they need to install the Lenovo Vantage App on their computers for the webcam to operate.
    • A paid Zoom account is not required to participate; however, you need to sign up for the free basic Zoom account/ application (zoom.us) and install the zoom app on your computer, prior to the seminar start date.
    • The Zoom platform will be interactive and live. The instructor must be able to see and interact with all students and students must be able see and interact with the instructor.
    • Students must be in a location that allows for their full attention and interaction.
    • A copy of your driver's license must be emailed to the Chapter office as verification of your identity after you have registered for the seminar and prior to the start date. We recommend covering private information on your ID except your full name and photo.
    • Registrants will receive a separate email from Suzanne Brockway, approximately 24 hours before class, with Zoom login information. Contact the chapter office if you have any questions regarding the participation guidelines, at sbrockway@aiatlanta.org.

    ATTENDANCE POLICY:

    • To receive AI and State credit, 100% attendance is required for all Appraisal Institute education programs.
    • attendance will be monitored throughout the day, via webcam and zoom chat roll call
    • students are required to be visible on the virtual platform during the entirety of class time
    • students are required to be in front of the camera with the camera in the on position (100% of the time)
    • instructor may direct questions to each student in the morning and afternoon

    Important: Please have your photo ID ready at the start of class. To expedite check-in, we will view all attendees' IDs at the same time and take a screenshot. We recommend covering private information on your ID except your full name and photo.

    CONTINUING EDUCATION APPROVAL:

    This livestream synchronous seminar is approved for 35 AI CE Points. The Georgia Real Estate Appraisers Board has approved 7 hours continuing education credit. 100% attendance is required for credit and will be verified throughout the day. Note, it is the student's responsibility to verify his/her state(s)' approval of this livestream synchronous offering.

    TUITION:

    Tuition includes a downloadable set of student materials. It does not include a shipped printed set of materials.

    STUDENT MATERIAL:

    The student manual is automatically provided to ALL students via a download option. Please have your computer/reader available with the downloaded material or have a printed copy of the material with you. If you would like to receive a printed copy of the student manual, you will have an option during the registration process to order a set. **Students requesting printed material will be charged a material fee plus shipping in addition to the course tuition. (Note that if you do not receive the material shipment in time for the class please download or print a copy of the material from the Education and Events section of your AI account portal.)

    How to Download Student Materials:

    • Sign into your AI Account at www.appraisalinstitute.org with the username and password you used when you registered.
    • Click on "Education and Events" located on the right navigation menu.
    • On the My Events page, find the course under the "Classroom Offerings/Synchronous Offerings/Conferences" heading and click the "View" button.
    • Scroll down to the "Download Course Materials" section and click on each link to download the course materials.