WebLIHTC Rent Maximums . For a building to qualify u nder the LIHTC program, the owner of a LIHTC property must agree to rent a minimum number of the building’s units to low-income individuals in accordance with one of the following three minimum set-aside formulas. 18: 20-50 test. The owner must rent at least 20% of its units to Web13 de abr. de 2024 · We have an Immediate opening for a Floating Property Manager/Affordable Compliance Specialist with a minimum of 5 years of experience managing a Low-Income Tax Credit (LIHTC) affordable community. This is an on-site position assisting with the lease-up and oversight of new apartment communities in the …
North Carolina Housing Finance Agency
WebCreated by the Tax Reform Act of 1986, the LIHTC program gives State and local LIHTC-allocating agencies (see the table below) the equivalent of nearly $5 billion in annual budget authority to issue tax credits for the acquisition, rehabilitation, or new construction of rental housing targeted to lower-income households. Web22 de jun. de 2024 · Compliance Although LIHTC properties must commit to at least 30 years of affordability, they are only subject to a 15-year “compliance period.” This is the … how to reopen my facebook account
North Carolina Housing Coalition
WebRental Housing Compliance. Our Compliance regional teams monitor a property’s occupancy requirements under the federal Housing Tax Credit Program, Tax Exempt Bonds, HUD regulations and Virginia Housing specific requirements. This includes a review of property records and the physical condition of all monitored properties. Web22 de mar. de 2024 · 2016 LIHTC Awards. North Carolina : Final QAP: ... 2016 LIHTC Manual Technical Amendments to the 2015‐2016 QAP ... Program Compliance. Texas: Final QAP: Draft QAP: Application. Notices 2016-1 Notice of Funding Availability. Reference Material 2016 LIHTC Award List (September 23, 2016) Web1 de mai. de 2024 · The Tax Credit Compliance Procedures Manual was designed to give property owners and managers step-by step instructions on how to fulfill compliance requirements if Commission-issued low-income housing tax credits were used to finance a property. For more information or questions, property managers and owners should … how to reopen ebay account