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STATE
LOW Income Housing
Tax Credit |
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 State
Low Income Housing Tax Credits
With real estate prices at a premium, the need for low income housing
is greater than ever. Low Income Housing Tax Credits enable underprivileged
communities to attract investment and provide much needed affordable
housing. The state LIHTC programs vary and are usually used in conjunction
with the federal credits.
The credit is available through a limited partnership with credit
periods ranging from 4-10 years. Corporations with consistent tax
liability find this predictable stream of tax credit very appealing.
Currently there are 14 states that offer the Low Income Housing Tax
Credit. |
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