HUD Notice Designates QCTs, DDAs for 2003

Thursday, December 12, 2002 - 1:45am

The Department of Housing and Urban Development (HUD) today published a notice designating Qualified Census Tracts (QCTs) and Difficult Development Areas (DDAs) for 2003. Projects located in a QCT or DDA can claim greater eligibility for low-income housing tax credits (LIHTC) under § 42 of the Internal Revenue Code. Click here for the notice. Click here for more information from HUD.