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Low-Income Housing Tax Credit

   Also found in: Acronyms, Wikipedia 0.01 sec.
Low-Income Housing Tax Credit
A dollar-for-dollar reduction in one's tax liability due to an investment in a housing complex for low and moderate income persons. The rent on this type of housing is controlled, so return on investment is minimal. The low-income housing tax credit provides some cash flow on these investments; as a result, it accounts for the vast majority of low-income housing investments in the United States. See also: Low-income housing limited partnership.


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NAA/NMHC are working with a broad coalition of organizations to seek legislation to address the severe loss of investor capital in the Low-Income Housing Tax Credit (LIHTC) program.
During the past 20 years, the traditional method for stimulating the development of affordable housing throughout the United States has been the low-income housing tax credit.
In recent years, the federal Low-Income Housing Tax Credit had been one of the best-used tools for creating subsidized housing, as developers are allocated tax credits by government agencies to build low-income units.
 
 
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Low-Income Car Ownership
Low-Income Country
Low-Income Credit Unions
Low-Income Cut-Off
Low-Income Emergency Home Repair Program
Low-Income Energy Advisory Board
Low-income Energy Assistance Program
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Low-Income Housing Credit
Low-Income Housing Limited Partnership
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Low-Income Housing Preservation and Resident Homeownership Act of 1991
Low-Income Housing Preservation Program
Low-Income Housing Tax Credit
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Low-Income Housing Trust Fund
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