Franklin

Low-Income Housing Tax Credit Program. [electronic resource] : The Fixed Subsidy and Variable Rate.

Author/Creator:
Library of Congress. Congressional Research Service.
Publication:
[S.l] : [s.n.], 2010.
Format/Description:
Government document
Book
1 online resource (9 p., digital, PDF file)
Subjects:
Federal aid to housing.
Interest rates.
Tax incentives.
Summary:
Explains original method for determining low-income housing tax credit (LIHTC) rate, which generates fixed subsidies for rehabilitated and new buildings. Explains relationship between interest rates and LIHTC subsidy, provides example, and covers P.L. 110-289, the Housing and Economic Recovery Act of 2008, which temporarily changes LIHTC rate to not less than 9% for new construction placed in service before Dec. 31, 2013.
Notes:
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Other format:
Microfiche version: Library of Congress.Congressional Research Service. Low-Income Housing Tax Credit Program
Access Restriction:
Restricted for use by site license.
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