Yes, your annual income and student status has to be certified every year for Low-Income Housing Tax Credit (LIHTC) tenants.If your income has gone up, and you no longer meet the income limit threshold, don't be in fear, you should still be able to keep your apartment. After the initial determination of eligibility, income no longer filters into eligibility requirements for LIHTC units. However, management of LIHTC apartments are required to annually certify and report to HUD. This is to ensure owners are in compliance with LIHTC rules and requirements.