Novogradac Introduction to Low-Income Housing Tax Credits - Premium

Fifth Edition
2020 Intro LIHTC Premium

Now in its fifth edition, this booklet is an introduction to the basics of the Low-Income Housing Tax Credit (LIHTC) program. The Introduction to Low-Income Housing Tax Credits provides a brief but substantive look into the background and structure of the LIHTC. It gives readers an opportunity to learn the LIHTC players, credit types and how they are awarded, how to apply for credits, the role that bonds play, how the LIHTC is calculated, how transactions are financed and how to comply with LIHTC rules. The booklet is a primer for real estate professionals who are considering entering the world of LIHTC projects and a resource for the new hires at companies that have years of experience investing in, lending to, consulting for or producing affordable rental housing. The fifth edition has been updated to reflect today’s LIHTC landscape and market conditions, including how the LIHTC market survived recent economic downturns, the effect of a permanent minimum 9 percent floor and the average-income test. The fifth edition also has updates on state caps, compliance regulations and more–as well as a new chapter on post-Year-15 issues. Illustrations and charts have been updated.

The Premium edition of this booklet includes a print copy as well as entitlement access to the app edition on mobile devices.

Click here to view the Table of Contents >>