Low-Income Housing Tax Credit Program
The Fund is responsible for administering the Low-Income Housing Tax Credit Program, which generates low-income residential rental units by encouraging private investment through federal tax credits. Since its inception, this program has produced more than 13,100 affordable rental units.
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Credit Allocation Recipients
Current News & Updates
2013 and 2014 Program Information:
Note: Per property credit limit for 2013 is $626,201.
Below are the basic underwriting spreadsheets (in Excel format) that the Fund uses for the Low-Income Housing Tax Credit Program:
Note: The example used for the 2013 Allocation Workshop is included in each underwriting spreadsheet as well as a blank spreadsheet for use to underwrite your property.
Note: The Internal Revenue Service Code Section 42 above does not reflect the new provision of the American Tax Relief Act of 2012 (“ATRA”). The ATRA provision extends the fixed 9% credit to properties receiving an allocation of Low-Income Housing Tax Credit before January 1, 2014.