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Low Income Housing Tax Credit

Definition

Federal housing program providing a corporate tax credit for investment into rent-limited, income-restricted rental housing. Housing developments receiving tax credits must restrict at least 20 percent of units to households at 50 percent of area median income (AMI) or less or at least 40 percent of units to households at 60 percent of AMI or less. The tax credit program is administered by the states.

Where to Find Data on this Site

  1. Low Income Housing Tax Credit And Multifamily Bond Financing: A Comparison Of State-Level Allocation Policies is a written supplementary report to the 2001 Rental Market Study comparing allocation practices for the Low Income Housing Tax Credit and multi-family bond financing among states in the U.S.
  2. The AHI-General tool allows the user to search for developments in a cities or counties that have received Low Income Housing Tax Credits (choose "Housing Credits 4%" or "Housing Credits 9%" in the "Housing Program" box.

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