Introduction to Low-Income Housing Tax Credits
Author:
Novogradac & Company LLPPublisher:
Novogradac & Company LLP, CPAsPublication Date:
10-01-2010ISBN:
9780982486801Subjects:
BusinessAvailable as:
Electronic book text, 9780982486801Description:
As its title suggests, this 48-page book is an introduction to the basics of the low-income housing tax credit (LIHTC). It was created as a companion to Novogradac & Company LLP's LIHTC Basics workshops and provides a perfect initiation into the workings of the LIHTC. The booklet provides a brief but substantive look into the background and structure of the LIHTC; it will give readers an opportunity to learn who the LIHTC players are, the types of credits that are available and how they are awarded, how to create a timeline for applying for the credits, the role that bonds play, how the LIHTC is calculated, how deals are financed and how to comply with LIHTC rules. The Introduction to Low-Income Housing Tax Credit is the perfect primer for those real estate professionals who are considering entering the world of LIHTC projects or for the new hires at companies that have years of experience in investing in, lending to and producing affordable rental housing.
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