- Check in begins at 8:15am
- Class starts at 8:30am
- Instructor: Stacy Letton, MAI, SRA
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. 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.
Note This Seminar Is On Zoom!
Students must have computer, webcam & microphone capability to participate & receive CE credit. The platform will be interactive and live. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. A copy of your driver’s license must be emailed to the Chapter office as verification after you have registered for the offering prior to the offering start date. You will receive a separate email from the Chapter Office with log-in/access information. You do not need a paid account from ZOOM to participate. If you are using your Ipad/Iphone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions regarding participation guidelines: lisamayweiss@hotmail.com
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class.
- No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.
Click here to download a printable PDF flyer of upcoming courses.
Fall Dinner Meeting and Seminar
- 2 CE Hours
- 4:00 – 6:00 pm NJ Appraiser Law & Regulations
- Presenter: Susanne Curran, MAI, AI-GRS
- 6:00 – 7:00 pm Buffet dinner (cash bar) and chapter meeting
NJ Appraiser Law, Regulations N.J.S.A. 45:14F-1, et seq. Real Estate Appraisers Act
Purpose: This course is required by NJ regulations every two years. Students will learn about the law itself, the regulations that pertain to the law including specific areas noted in the regulation.
13:40A-5.4 (b): All licensed and certified real estate appraisers shall be required to complete a two hour course on New Jersey law and rules governing the practice of real estate appraising.
Questions? Need help enrolling?
Email: lisamayweiss@hotmail.com Call: 856.415.0281
Cancellation Policy
- Any & all cancellations are subject to an admin fee.
- No credit/refunds for cancellations made on or after 7 days prior to class.
- No credit/refunds for no-shows.
- Our cancellation policy is stated on registration portal.