NCSHA Posts Update to FAQs on Income Averaging

Monday, April 9, 2018 - 11:00am

The National Council of State Housing Agencies (NCSHA) posted an updated document of frequently asked questions concerning the low-income housing tax credit (LIHTC) and income averaging. The document was updated after the passage of the Consolidated Appropriations Act of 2018, which established income averaging as a minimum set-aside option for new LIHTC developments. The FAQ includes 20 questions and answers.