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HUD Designates DDAs, QCTs for 2020

Thursday, October 17, 2019 - 3:30PM

The U.S. Department of Housing and Urban Development released the list of difficult development areas (DDAs) and qualified census tracts (QCTs) for 2020 for the low-income housing tax credit (LIHTC). DDAs and QCTs are eligible for as much as a 30 percent basis boost while receiving the LIHTC. The DDAs and QCTs are effective for allocations of LIHTCs after Dec. 31, 2019, and for bond-financed properties where the bonds are issued and the building is placed in service after Dec. 31, 2019.

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