Low Income Housing Tax Credit
Low Income Housing Tax Credit (LIHTC)
The Low Income Housing Tax Credit (LIHTC) program is an indirect subsidy program that provides an incentive for private companies to invest in affordable housing through a dollar-for-dollar reduction in federal income tax liability. Investors receive the credit over a 10-year period, and projects financed with LIHTC equity must remain affordable for a period of at least 30 years (although some states have adopted longer affordability requirements). There are two types of LIHTC tax credits, 9% percent credits and 4% percent credits, both of which are allocated by state and local housing finance agencies.
Low Income Housing Tax Credit Current Portfolio:
Please contact property directly for more information.
Villages of Halifax
Villages of Halifax II
Villages at Pine Haven