What is Low-to-Moderate Income Housing?
Low-to-moderate income housing is subsidized housing intended for people whose incomes are low to moderate when compared to prevailing incomes. In general, all Section 8 housing must be intended for people with this income level. To determine what the rent limits are based on the low-to-moderate i
What are LIHTCs (Low-Income Housing Tax Credits)?
Low-Income Housing Tax Credits, or LIHTCs are federal tax incentive intended to increase the availability of low-income housing. LIHTC credits can be claimed for up to 10 years after the construction is completed and the property is leased up.
What are 4% and 9% LIHTC Credits?
Low-Income Housing Tax Credits are used to either construct new rental buildings or renovate existing buildings. Two annual tax credits are available for HUD multifamily financing.