HUD Releases List of 2018 DDAs, QCTs

Monday, September 11, 2017 - 11:00am

The U.S. Department of Housing and Urban Development (HUD) today published in the Federal Register its list of 2018 qualified census tracts (QCTs) and difficult development areas (DDAs), which are eligible for as much as a 30 percent boost in basis while receiving low-income housing tax credits (LIHTCs). The 2018 QCTs and DDAs are effective for allocations of LIHTCs beginning Jan. 1, 2018, and for bond-financed properties for properties where the bonds are issued and the building is placed in service beginning Jan. 1, 2018.