The Affordable Housing Tax Credit Tenant Income Certification (AHTC Form 300) is the official document that property managers and housing agencies use to determine whether a tenant qualifies for a low-income housing tax credit (LIHTC) unit. Qualifying households must earn income at or below the threshold set by their state housing finance agency, typically 50% or 60% of the Area Median Income (AMI).
The form covers five main components: the certification type (initial or annual recertification), project and unit identification, household composition, a detailed asset inventory, and a gross annual income calculation for every household member. Each section must be completed accurately, as errors or omissions can delay the application or result in disqualification from the affordable housing program.
Once all fields are filled in, every adult household member must sign Part V to certify the accuracy of the information provided. The property owner or authorized manager countersigns to confirm that the household meets the income requirements for the specific unit and program year. Retain a copy of the signed form for your records, as housing authorities may request it during audits or compliance reviews.
| Question | Answer |
|---|---|
| Form Name | AHTC Form 300 |
| Form Length | 4 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 min |
| Other names | Tenant Income Certification, AHTC 300, TIC Form |