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LIHTC: Low-Income Housing Tax Credits - Multifamily Loans The LIHTC, or Low-Income Housing Tax Credit, is a federal government program which incentivizes developers to create low-income housing by offering them a 10-year credit on their federal income taxes
The ABCs of LIHTC: Understanding the Low-Income Housing Tax Credit The Low-Income Housing Tax Credit (LIHTC) is a federal program established in 1986 to encourage private investment in affordable housing By providing tax credits to developers, the program helps fund the construction and rehabilitation of rental properties for low-income households
Low-Income Housing Tax Credit (LIHTC): Details Analysis Created in 1986, the Low-Income Housing Tax Credit (LIHTC) is an exceptionally complex tax expenditure that now represents the largest source of affordable housing financing in the United States
Low-Income Housing Tax Credit | Fannie Mae The federal government’s Low-Income Housing Tax Credit (LIHTC) program is a proven and effective way to create and preserve the supply of affordable rental housing for low- and very low-income households
Low-Income Housing Tax Credit Program How does the program work? The LIHTC program authorizes state housing credit agencies (HCAs) to award 9 percent and 4 percent federal tax credits to developers of affordable rental housing The tax credits are used by developers to raise equity financing for their projects