VIP Exclusive
LIHTC Compliance Professional VIP Certification Exam (California Edition)
LIHTC — There is no single government-mandated LIHTC exam; this VIP set mirrors the format and difficulty of the leading industry credential exams — NAHB's Housing Credit Certified Professional (HCCP) and NAHMA's Specialist in Housing Credit Management (SHCM), both timed multiple-choice exams on IRC Section 42 compliance — with California/CTCAC context added.
45
Questions
120m
Time Limit
70.00%
To Pass
Question 1 of 45👑 VIP
A developer is placing a new 100-unit LIHTC property in service in Sacramento and must elect a minimum set-aside on Form 8609. Under the 40/60 test, which of the following describes the owner's obligation?
Questions 2–45 and full explanations are VIP-exclusive.