100+ LIHTC Program Acronyms
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Contact Karen Graham at kgraham@kagcllc.com.
| Acronym | Definition |
|---|---|
| 3PV | Third Party Verification |
| ADA | Americans with Disabilities Act |
| AFDC | Aid to Families with Dependent Children (TANF) |
| AFR | Applicable Federal Rate |
| AHMA | Affordable Housing Management Association |
| AMGI / AMI | Area Median Gross Income / Area Median Income |
| AMO | Accredited Management Organization |
| A/R | Acquisition / Rehab |
| ARM | Accredited Resident Manager |
| ARRA | American Recovery and Reinvestment Act of 2009 |
| AUR / NAUR | Available Unit Rule / Next Available Unit Rule |
| BIN | Building Identification Number |
| CAM | Certified Apartment Manager |
| CAMT | Certified Apartment Maintenance Technician |
| CAPS | Certified Apartment Property Supervisor |
| CCIM | Certified Commercial Investment Member |
| CD | Certificate of Deposit |
| CDBG | Community Development Block Grants |
| CFR | Code of Federal Regulations |
| CO | Certificate of Occupancy |
| CPM | Certified Property Manager |
| CV | Cash Value |
| DDA | Difficult to Develop Area |
| EIV | Enterprise Income Verification |
| EUA | Extended Use Agreement |
| FHA | Fair Housing Act of 1988 |
| FMR | Fair Market Rent |
| FMV | Fair Market Value |
| FTS | Full Time Student |
| FT / PT | Full Time or Part Time (Student) |
| FHEO | HUD Fair Housing and Equal Opportunity |
| HB | House Bill |
| HCCP | Housing Credit Certified Professional |
| HDAP | Housing Development Assistance Program |
| HERA | Housing and Economic Recovery Act of 2008 |
| HFA / HCA | Housing Finance Agency / Housing Credit Agency |
| HIC | Household Income Certification (see TIC) |
| HOME | Home Investment Partnership Program |
| HQS | Housing Quality Standards |
| HRITC | Historic Rehabilitation Investment Tax Credit |
| HTC | Housing Tax Credit (see LIHTC) |
| HUD | U.S. Department of Housing and Urban Development |
| IRA | Individual Retirement Account |
| IRC | Internal Revenue Code |
| IREM | Institute of Real Estate Management |
| IRS | Internal Revenue Service |
| JTPA | Job Training Partnership Act |
| LES | Leave and Earnings Statement |
| LI | Low-Income |
| LICA | Live In Care Aid / Attendant |
| LIHTC / LIHC | Low Income Housing (Tax) Credit |
| LURA | Land Use Restriction Agreement |
| M/I | Move In |
| M/O | Move Out |
| MOR | Management and Occupancy Report |
| MOU | Memorandum of Understanding |
| MR | Market Rate |
| MSA | Metropolitan Statistical Area |
| MTSP | Multifamily Tax Subsidized Project |
| MV | Market Value |
| NAA | National Apartment Association |
| NAHB | National Association of Home Builders |
| NAHMA | National Affordable Housing Management Association |
| NALP | National Apartment Leasing Professional |
| NAR | National Association of Realtors |
| NAUR / AUR | Next Available Unit Rule / Available Unit Rule |
| NCSHA | National Council of State Housing Agencies |
| NH&RA | National Housing & Rehabilitation Association |
| NMHC | National Multi-Housing Council |
| NMTC | New Markets Tax Credit |
| NOI | Net Operating Income |
| OT | Over Time |
| PBCA | Performance Based Contract Administrator |
| PHA | Public Housing Authority |
| PIS | Placed In Service |
| PLR | Private Letter Ruling |
| PUD | Planned Unit Development |
| QAP | Qualified Allocation Plan |
| QCT | Qualified Census Tract |
| RAM | Registered Apartment Manager |
| REAC | Real Estate Assessment Center |
| RD | USDA Rural Development |
| RHS | Rural Housing Service(see RD) |
| RR | Revenue Ruling |
| RUBS | Ratio Utility Billing System |
| S42 | Section 42 of the IRS Code |
| S8 | Section 8 |
| SFA | Student Financial Assistance |
| SHCM | Specialist in Housing Credit Management |
| SRO | Single Room Occupancy |
| SS | Social Security |
| SSD | Social Security Disability |
| SSI | Supplemental Security Income |
| TANF | Temporary Aid to Needy Families |
| TC | Tax Credit |
| TCAP | Tax Credit Assistance Program |
| TCEP | Tax Credit Exchange Program |
| TIC | Tenant Income Certification |
| U5kAC | Under $5,000 Asset Certification |
| UA | Utility Allowance |
| UPCS | Uniform Physical Condition Standards |
| USDA | U.S. Department of Agriculture |
| UVR | Unit Vacancy Rule |
| WIA | Workforce Investment Act of 1988 |
| YTD | Year To Date |
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