AHTC Form 300 PDF Details

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.

QuestionAnswer
Form NameAHTC Form 300
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 min
Other namesTenant Income Certification, AHTC 300, TIC Form

How to Edit Ahtc Form 300 Online for Free

The AHTC Form 300 is completed at initial move-in and each year during recertification for low-income housing tax credit (LIHTC) units. Use FormsPal to fill in all required fields directly in your browser without downloading additional software.

Steps to Complete AHTC Form 300

  1. Part I: Certification type. Indicate whether this is an initial certification or an annual recertification. Enter the effective date and the project name.
  2. Part II: Household members. List every person who will occupy the unit, including full names, dates of birth, and their relationship to the head of household.
  3. Part III: Assets. Record all household assets for each member, including bank accounts, savings bonds, real estate, and investments. Enter the current cash value and any annual income generated by each asset.
  4. Part IV: Annual income. Add up gross income from all sources for every household member, including wages, Social Security, pensions, child support, and public assistance. The combined total must not exceed the income limit for the applicable Area Median Income (AMI) percentage tier.
  5. Part V: Certification. All adult household members must sign to certify accuracy. The property owner or manager countersigns to confirm the household meets eligibility requirements.

Tips for Accurate Completion

Report all income sources, including part-time employment and self-employment earnings. Omitting income can be considered fraud and may result in loss of housing assistance. If any household member's income changes significantly, a recertification may be required before the annual date. For related affordable housing applications, FormsPal also offers the Home Affordable Program Non-Owner Form and the Birmingham Housing Authority Form.

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