IRS Updates Chart Comparing HTC, LIHTC

Thursday, November 18, 2021 - 9:00am

The Internal Revenue Service (IRS) has updated its table that compares the historic tax credit (HTC) to the low-income housing tax credit (LIHTC), including credit computation, basis adjustment, at-risk rules and 18 other areas. The table does not constitute legal authority and may not be relied upon as such.

The Novogradac Historic Rehabilitation Handbook provides an overview of the HTC and the intricacies of the incentive.