Specialist in Housing Credit Management (SHCM)

As experienced affordable housing management professionals know, the LIHTC program is the primary production tool for creating new affordable housing properties across every state in the country, and it is also the most important tool for rehabilitating and preserving the nation's existing stock of aging affordable housing. To maximize their careers, management professionals in the affordable housing industry must be able to demonstrate their experience and expertise in mastering the complex requirements of the LIHTC program. Earning your SHCM enables you to do just that.

The SHCM® is offered in association with the NAA, the National Affordable Housing Management Association (NAHMA) and the American Association of Homes and Services for the Aging (AAHSA)

Development of the SHCM® exam was based on an exacting process established for national certification programs to ensure the exam is a reliable and pyschometrically valid testing tool for its subject matter. NAHMA retained a well-respected third-party consultant to assist in this process. To learn how the SHCM exam was developed, view the full report. The test questions on the SHCM exam will be reviewed and updated on an annual basis.

For the most up-to-date information on obtaining your SHCM®, visit the Specialist in Housing Credit Management® information page on NAHMA.org.


Specialist in Housing Credit Management (SHCM) includes:

  • Program Regulations
  • Applicant Eligibility
  • Unit Eligibility
  • Monitoring and Compliance

Programs may be taken as standalone seminars or as a complete course to earn the industry designation.


How to Earn Your SHCM Certification

To earn an SHCM, candidates must:

  • Education - successfully accumulate a minimum of 12 hours (actual instruction time) of housing credit specific coursework or training from an approved provider* within two years of sitting for the SHCM exam
  • Examination - successfully pass the SHCM exam
  • Professional Experience - demonstrate a minimum of two years of housing credit management employment experience through an application process
  • SHCM Code of Professional Conduct - commit to a defined code of professional conduct (see below)
  • Complete Application - submit your SHCM application along with the $150 application fee.

SHCM certification is valid for one year and must be renewed annually each September. Renewal consists of six hours of housing credit specific coursework or training by an approved provider* per year and $155 renewal fee.

*The Affordable Housing Management Associations (AHMAs) are approved providers; view a complete list of regional, state and local AHMAs. The NAA and LeadingAge and their affiliated organizations are also approved providers.

There are experience requirements for SHCM Candidates. Please visit the NAHMA website for more information on those details.

Upcoming Courses

Every Thursday in September 2014 from noon until 3 p.m. ET.


September 4
Chapter 1: Program Regulations

September 11
Chapter 2: Unit Eligibility

September 18
Chapter 3: Application Eligibility & Certification

September 25
Chapter 4: Monitoring & Compliance


Course Price: $549 member/ $599 non-member

Register Today

Download the flyer. Learn more about the benefits of SHCM Certification and to read the code of Professional Conduct.

For more information or to request an SHCM application, please contact:

NAHMA SHCM Program Manager
400 N. Columbus St., Suite 203
Alexandria, VA 22314
Natasha Patterson
Phone 703-683-8630
Fax 703-683-8634

® Specialist in Housing Credit Management is Registered in the U.S. Patent and Trademark Office

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