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The below topic is discussed in more detail on our members' only Low Income Housing Federal Tax Credit Program FAQ's page.

What is the Low Income Housing Tax

The Low-Income Housing Tax Credit Program is a tool for private developers and non-profit entities to construct or rehabilitate affordable rental units. Federal and state tax credits may be used to obtain a dollar-for-dollar reduction in income tax liability for 10 years or to obtain equity for a project through syndication of the credits.

Also see:

Credit Program?
Who is eligible to use the program?
What are the requirements?
How much of a tax credit can I receive?
How do I calculate the tax credit amount?
How do I apply for tax credits?
How extensive is the LIHTC program?

Tax Credits For Dummies in the RHOL Investors Web.

The above topics are discussed in our members' only page for Low Income Housing Federal Tax Credit Program FAQ's.

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