Low Income Housing Tax Credit

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The Low-Income Housing Tax Credit

Author : Yvette Daniels
Publisher : Unknown
Page : 83 pages
File Size : 54,7 Mb
Release : 2016
Category : BUSINESS & ECONOMICS
ISBN : 1634845706

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The Low-Income Housing Tax Credit by Yvette Daniels Pdf

The low-income housing tax credit (LIHTC) program is one of the federal government's primary policy tools for encouraging the development and rehabilitation of affordable rental housing. These non-refundable federal housing tax credits are awarded to developers of qualified rental projects via a competitive application process administered by state housing finance authorities. Developers typically sell their tax credits to outside investors in exchange for equity. Selling the tax credits reduces the debt developers would otherwise have to incur and the equity they would otherwise have to contribute. With lower financing costs, tax credit properties can potentially offer lower, more affordable rents. The LIHTC is estimated to cost the government an average of approximately $7 billion annually. This book discusses LIHTC's fixed subsidy and variable rates; addresses the Internal Revenue Service's oversight of LIHTC; and how LIHTC administration and oversight compare with that of other tax credit programs.

Income Averaging

Author : United States. Internal Revenue Service
Publisher : Unknown
Page : 8 pages
File Size : 46,7 Mb
Release : 1985
Category : Income averaging
ISBN : IND:30000065729497

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Income Averaging by United States. Internal Revenue Service Pdf

Low-Income Housing Tax Credit

Author : Yvette Daniels
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 40,6 Mb
Release : 2016
Category : Low-income housing
ISBN : 1634845692

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Low-Income Housing Tax Credit by Yvette Daniels Pdf

The low-income housing tax credit (LIHTC) program is one of the federal government's primary policy tools for encouraging the development and rehabilitation of affordable rental housing. These non-refundable federal housing tax credits are awarded to developers of qualified rental projects via a competitive application process administered by state housing finance authorities. Developers typically sell their tax credits to outside investors in exchange for equity. Selling the tax credits reduces the debt developers would otherwise have to incur and the equity they would otherwise have to contribute. With lower financing costs, tax credit properties can potentially offer lower, more affordable rents. The LIHTC is estimated to cost the government an average of approximately $7 billion annually. This book discusses LIHTC's fixed subsidy and variable rates; addresses the Internal Revenue Service's oversight of LIHTC; and how LIHTC administration and oversight compare with that of other tax credit programs.

Tax Credits for Low Income Housing

Author : Joseph Guggenheim
Publisher : Unknown
Page : 412 pages
File Size : 42,6 Mb
Release : 1996
Category : Business & Economics
ISBN : UOM:39015040983705

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Tax Credits for Low Income Housing by Joseph Guggenheim Pdf

Beginner's Guide to the Housing Credit

Author : Mark Shelburne
Publisher : American Bar Association
Page : 0 pages
File Size : 43,6 Mb
Release : 2014
Category : Federal aid to housing
ISBN : 1627226184

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Beginner's Guide to the Housing Credit by Mark Shelburne Pdf

This book is intended for professionals who are beginning the process of learning about the federal low-income housing tax credit ("Housing Credit," also known as LIHTCs). Even the most capable student cannot obtain a working knowledge by reading one, or even several publications on the subject. The rules and practices are too complex, particularly for compliance. But every journey starts somewhere, and this book will help with your first application/allocation/closing/property--whichever role brings you to this industry.

Low-income Housing Tax Credit Handbook

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 48,6 Mb
Release : 2022
Category : Public housing
ISBN : 1731929870

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Low-income Housing Tax Credit Handbook by Anonim Pdf

"'Low-Income Housing Tax Credit Handbook' provides definitive guidance through the complex body of laws, regulations, and judicial decisions concerning the low-income housing credit (LIHC)"--

Using HOME with Low-income Housing Tax Credits

Author : United States. Office of Affordable Housing Programs
Publisher : Unknown
Page : 28 pages
File Size : 52,8 Mb
Release : 1997
Category : Property tax credit
ISBN : UCSD:31822024399370

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Using HOME with Low-income Housing Tax Credits by United States. Office of Affordable Housing Programs Pdf

Low-income Housing Tax Credit

Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation
Publisher : Unknown
Page : 76 pages
File Size : 42,8 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105062717330

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Low-income Housing Tax Credit by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation Pdf

Affordable Housing Development

Author : Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy
Publisher : Springer
Page : 137 pages
File Size : 53,5 Mb
Release : 2019-04-01
Category : Business & Economics
ISBN : 9783030040642

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Affordable Housing Development by Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy Pdf

This book explains the nuts and bolts of affordable housing development. Divided into two complementary sections, the book first provides an overview of the effectiveness of existing federal and state housing programs in the United States, such as the LIHTC and TIF programs. In turn, the book’s second section presents an extensive discussion of and insights into the financial feasibility of an affordable real estate development project. Researchers, policymakers and organizations in the public, private and nonprofit sectors will find this book a valuable resource in addressing the concrete needs of affordable housing development. “Luque, Ikromov, and Noseworthy’s new book on Affordable Housing Development is a “must read” for all those seeking to address the growing and vexing problem of affordable housing supply. The authors provide important insights and practical demonstration of important financial tools often necessary to the financial feasibility of such projects, including tax-increment financing and the Low-Income Housing Tax Credit. Further, the authors provide important backdrop to the affordability crisis and homelessness. I highly recommend this book to all who seek both to articulate and enhance housing access.” By Stuart Gabriel, Arden Realty Chair, Professor of Finance and Director, Richard S. Ziman Center for Real Estate at UCLA "Over several years Jaime Luque, Nuriddin Ikromov and William Noseworthy applied their analytical bent, and no small measure of empathy, to homelessness as actually experienced in Madison, Wisconsin – and they inspired multiple classes of urban economics students to join them. “Homelessness” is a complex web of issues affecting a spectrum of populations, from individuals struggling with addiction or emotional disorders, to families who’ve been dealt a bad hand in an often-unforgiving economy. Read this book to follow Jaime, Nuriddin, and William as they evaluate a panoply of housing and social programs, complementing the usual top-down design perspective with practical analysis of the feasibility of actual developments and their effectiveness. Analytical but written for a broad audience, this book will be of interest to anyone running a low-income housing program, private and public developers, students, and any instructor designing a learning-by-doing course that blends rigor with real-world application to a local problem." By Stephen Malpezzi, Professor Emeritus, James A. Graaskamp Center for Real Estate, Wisconsin School of Business, University of Wisconsin-Madison, and Dean, Weimer School of the Homer Hoyt Institute.

Tax Credits for Low Income Housing

Author : Joseph Guggenheim
Publisher : Unknown
Page : 476 pages
File Size : 44,7 Mb
Release : 2000
Category : Business & Economics
ISBN : UVA:X004731201

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Tax Credits for Low Income Housing by Joseph Guggenheim Pdf

Introduction to Low-Income Housing Tax Credits

Author : Novogradac & Company LLP
Publisher : Unknown
Page : 128 pages
File Size : 50,6 Mb
Release : 2015-07-21
Category : Electronic
ISBN : 0991506553

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Introduction to Low-Income Housing Tax Credits by Novogradac & Company LLP Pdf

Low-income Housing Tax Credits and the Role of Tax Policy in Preserving the Stock of Low-income Housing

Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures
Publisher : Unknown
Page : 422 pages
File Size : 55,7 Mb
Release : 1988
Category : Housing policy
ISBN : PSU:000014270963

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Low-income Housing Tax Credits and the Role of Tax Policy in Preserving the Stock of Low-income Housing by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures Pdf

HOME and the Low-Income Housing Tax Credit Guidebook

Author : U. S. Department of Housing and Urban Development
Publisher : Unknown
Page : 163 pages
File Size : 47,7 Mb
Release : 2013-06-25
Category : Electronic
ISBN : 1304170837

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HOME and the Low-Income Housing Tax Credit Guidebook by U. S. Department of Housing and Urban Development Pdf

When developers seek financial resources for affordable rental housing development, many combine funds generated through the Low-Income Housing Tax Credit (LIHTC) offered by the Internal Revenue Service with housing block grant funds provided through the HOME Investment Partnerships (HOME) Program administered by the U.S. Department of Housing and Urban Development (HUD). This publication, HOME and the Low-Income Housing Tax Credit Guidebook, provides technical guidance to HOME Program Participating Jurisdictions (PJs) on how to assess these HOME-LIHTC applications, and how to comply with the requirements of both programs for the successful development of affordable multifamily rental projects.

Introduction to Low-Income Housing Tax Credits

Author : Novogradac & Company LLP
Publisher : Unknown
Page : 128 pages
File Size : 54,9 Mb
Release : 2012-11-26
Category : Electronic
ISBN : 0983771502

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Introduction to Low-Income Housing Tax Credits by Novogradac & Company LLP Pdf

The Affordable City

Author : Shane Phillips
Publisher : Island Press
Page : 282 pages
File Size : 43,6 Mb
Release : 2020-09-15
Category : Political Science
ISBN : 9781642831337

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The Affordable City by Shane Phillips Pdf

From Los Angeles to Boston and Chicago to Miami, US cities are struggling to address the twin crises of high housing costs and household instability. Debates over the appropriate course of action have been defined by two poles: building more housing or enacting stronger tenant protections. These options are often treated as mutually exclusive, with support for one implying opposition to the other. Shane Phillips believes that effectively tackling the housing crisis requires that cities support both tenant protections and housing abundance. He offers readers more than 50 policy recommendations, beginning with a set of principles and general recommendations that should apply to all housing policy. The remaining recommendations are organized by what he calls the Three S’s of Supply, Stability, and Subsidy. Phillips makes a moral and economic case for why each is essential and recommendations for making them work together. There is no single solution to the housing crisis—it will require a comprehensive approach backed by strong, diverse coalitions. The Affordable City is an essential tool for professionals and advocates working to improve affordability and increase community resilience through local action.