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Regular version of the site

Book chapter

Low income housing tax credits

P. 1-9.
Ilina I. N., Plisetskiy E.

The Low-Income Housing Tax Credit (LIHTC) – one of the USA federal government’s policy tool for preserving and encouraging the development and rehabilitation of affordable rental housing. LIHTC provides an incentive for home developers to build, buy and refurbish housing for low-income taxpayers and also provides a non-refundable credit for those who invest in low-income housing projects as a means of stimulating the flow of capital into this sector. The type of housing structures typically used for this credit are multi-family dwellings.