HUD Designates DDAs, QCTs for 2017

Monday, October 17, 2016 - 9:45AM

The U.S. Department of Housing and Urban Development published a notice Monday in the Federal Register designating difficult development areas (DDAs) and qualified census tracts (QCTs) for 2017 for purposes of the low-income housing tax credit (LIHTC). The 2017 DDAs and QCTs will be in effect Jan. 1, 2017. LIHTC developments in DDAs or QCTs are eligible for as much as a 30 percent bonus LIHTC subsidy. HUD also announced it is implementing a minimum population requirement for metropolitan small difficult development areas (SDDAs), to avoid designating areas unsuitable for residential development, such as airports. 

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