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Kentucky Bill Would Create State LIHTC

Thursday, March 7, 2019 - 1:45PM

Legislation in Kentucky to create a state Low-Income Housing Tax Credit (LIHTC) program was assigned to the House Appropriations and Revenue Committee. HB 488 would create a nonrefundable Kentucky affordable housing credit equaling the federal LIHTC for the years 2019 through 2022. The statewide annual cap would be half of the federal LIHTCs awarded or $5.25 million.

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