North Carolina Agency Issues Guidance on LIHTC Program

Wednesday, January 8, 2003 - 1:45AM

The North Carolina Housing Finance Agency (NCHFA) has issued additional guidance regarding the state’s 2003 low-income housing tax credit (LIHTC). The new state tax credit is different from the federal low-income housing tax credit — and from the state credit in effect prior to 2003 — in that it is not an investment. The document contains explanatory text, excerpts from the qualified allocation plan (QAP) and the state statute.

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