Novogradac Low-Income Housing Tax Credit Handbook
The 2022 edition of the Low-Income Housing Tax Credit Handbook is an essential resource for affordable rental housing owners, developers, managers and investors–and the professionals who counsel them. This authoritative guide provides a clear explanation of Internal Revenue Code Section 42 and examples of model transactions to illustrate complex concepts.
The 2022 edition features new information and discussion about LIHTC provisions of the American Rescue Plan Act of 2021, corporate LIHTC investors and the proportional amortization method, and temporary relief from Internal Revenue Code provisions due to the COVID-19 pandemic.
This edition also includes updated sections about corporate investors and the Community Reinvestment Act; nonprofit participation, the low-income occupancy percentage and safe harbor guidelines; real estate appraisal and partnership valuations, tenant foster care income; vacant unit rule test; correcting errors and more.
The 2022 edition of the Low-Income Housing Tax Credit Handbook is an essential resource for every active participant in the LIHTC market.