SHCM - Specialist In Housing Credit Management

The Specialist in Housing Credit Management (SHCM) has been developed by the National Affordable Housing Management Association((NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program. The SHCM is designed by management professionals for management professionals to ensure they have attained the knowledge, experience and competence required to excel in the housing credit property management industry. 

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, managers 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.


  • 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.

  • Complete Application - submit your SHCM application along with the $150 application fee.


  • Receive a congratulatory welcome kit, including a certificate, pin, annual identification card, and draft press release for your internal company newsletter or local media.

  • Have your name listed in NAHMA's popular and prestigious Online Directory of Credentialed Professionals.

  • Receive a free subscription to NAHMA News ($95 value), NAHMA's bimonthly newsletter about issues affecting the rapidly changing affordable housing industry, including regulation, legislation and NAHMA initiatives.

  • Receive a free subscription to NAHP Update, NAHMA's quarterly newsletter for its NAHP credential holders and other site staff focusing on professional development and hands-on property management topics.

  • Earn a discount on your NAHMA NAHP or NAHP-e annual renewal dues.

  • Receive free access to NAHMA's LIHTC Web site.