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Iowa Finance Authority Proposes 50% Boost for LIHTC Per-Project, Per-Unit Cap

Friday, March 4, 2022 - 8:15AM

The Iowa Finance Authority is proposing a 50% increase in the low-income housing tax credit (LIHTC) per-unit cap for the 2022 9% LIHTC round. The proposal also calls for the $880,000 project cap to be increased 50% to $1,012,000. Public comment is open until March 24 at 4:30 p.m. and hearing for public comment will be March 24 from 9 a.m. to 10 a.m. in the Clear Lake Conference Room at the Iowa Finance Authority, 1963 Bell Ave., Suite 200, Des Moines, Iowa.

The effects of inflation on LIHTC properties is the subject of this week’s Tax Credit Tuesday podcast.

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