Housing Tax Credit (LIHTC)

The Housing Tax Credit Program (LIHTC) is designed to provide for-profit and nonprofit developers with an incentive to create and maintain affordable housing. This is the country’s most extensive affordable housing program. Developments that may qualify for credits include new construction, acquisition with rehabilitation, rehabilitation and adaptive reuse. Owners of and investors in qualifying developments can use the credit as a dollar-for-dollar reduction of federal income tax liability. Allocations of credits are used to leverage public, private and other funds in order to keep rents to tenants affordable.

2018 LIHTC Awards List
2018 LIHTC Final Point Scores Updated 08/15/2018
2018 LIHTC Final Point Scores
2018 LIHTC Preliminary Point Scores
Bulletin #2 - 4/20/2018
2018 Tax Credit Applications List - 3/13/2018
Tax Credit Legislation Memo - 2/21/2018
Bulletin #1
2017-2018 QAP - FINAL Technical Amendments
2017-2018 Tax Credit Manual - FINAL Technical Amendments
Public Notice - Funding outside of Cycle - 1/18/2018
Public Notice
2017-2018 Final QAP
2017-2018 Tax Credit Manual
2018 LIHTC Program Schedule
Tax Credit Application
Exhibit A Application Checklist
Exhibit C New Construct Attorney Opinion Letter
Exhibit D Rehab Attorney Opinion Letter
Exhibit E Nonprofit Attorney Opinion Letter
Exhibit O Allocation and IOI Attorney Opinion Letter
Form 1 Project Rejection Form
Exhibit P IOI
Form LP
Form LLC
Form CORP
Exhibit B Completion Status
Exhibit K Previous Participation
Exhibit K-1 Previous Development Syndication Compliance Certificate
Exhibit G Architect and/or Professional Engineer Certification
Form 2 Site Service Distances
Form 3 Developer Relocation Certification & Tenant Profile
Exhibit U Utility Allowance Schedule
Exhibit R Physical Needs Assessment
HOME/Tax Credit Manual
HOME/Tax Credit Application
Form M-47T Tax Credit Eligibility Certification
Form M-52 Notice to Seller
Exhibit 2 General Information Notice Not Displaced
Exhibit 3 General Information Notice To Be Displaced
Form M-39 Tenant Profile Form
Form M-67 Project Occupancy Report
Form M-40 Site and Neighborhood Standards Certification
Exhibit 4 Site and Neighborhoods Standards
Form M-7B Lead-Safe Housing Rule Applicability Form
Form M-53 Fair Housing ‐ Developer Certification
Exhibit A 10% Expenditure Checklist
Exhibit F 10% Expenditure Attorney Opinion Letter
Exhibit H Certification of 10% Expenditure
Exhibit I CPA Certification of Costs and 10% Expenditure
Exhibit N Gross Rent Floor Designation
Exhibit A Placed in Service Checklist
Exhibit G Placed in Service Architect and/or Professional Engineer Certification
Exhibit J-1 CPA Final Allocation Certification
Exhibits J-2 thru J-4 CPA Final Certification CPA Schedule of Total Development Cost
Exhibit M Certification of Sources and Uses
Form Q Rent Roll Addendum
Exhibit L Progress Report
Annual Operating Expense Certification
Exhibit S 2018 Market Study Guidelines
Exhibit S-2 Market Area Analysis Summary
Exhibit S-2 2018 Rent Calculation Worksheet
2018 QCTs & DDAs
Annual Operating Expense Certification
File Upload Instructions
Approved Market Analyst List 8-31-2018
QAP Comments
Tax Credit Questions & Answers
Year 15 Current Properties
Program Information 2017 - 2011
LIHTC Market Studies

Questions regarding the Housing Tax Credit Program (LIHTC) can be directed to Laura Nicholson in the Housing Development Division at 803.896.9190.