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 TaxThe 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? 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. |