Low income housing credit definition

Low income housing credit means the low income housing credit as defined in Internal Revenue Code §42(a).
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Low income housing credit means the tax credit allowable under Section 42 of the Code for a qualified low income housing project.
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Low income housing credit means the federal tax credit authorized under Section 42 of the Code.
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Examples of Low income housing credit in a sentence

  • Only complete Parts II and III if you have allowed applicable section 38 credits.)8 Low income housing credit from lines 1d and 4d of all Parts III of Form 3800 .

Related to Low income housing credit

  • Low-income housing means housing affordable according to

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.

  • Very Low Income means 30 percent or less of the median gross

  • Low Income Households means households earning 80 percent or less of the countywide median income.

  • Very low-income unit means a restricted unit that is affordable to a very low-income household.

  • Low-income customer means a utility customer whose household income is at or below 200% of the Federal Poverty Level (FPL) and provides proof of meeting the eligibility requirement at the time of enrollment.

  • Low income means the adjusted income for a Family which does not exceed 80 percent of the area median income.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Low-Income Community ’ means any census block

  • Low-income unit means a restricted unit that is affordable to a low-income household.

  • Extremely low-income household means a single person,

  • Low-income individual means an individual who:

  • Low-income person means a person with a family income of not more than 60% of the statewide median gross income who is eligible to participate in the charitable nonprofit housing organization's program based on criteria established by the charitable nonprofit housing organization.

  • Persons of low income means persons or families who lack the amount of income which is necessary (as determined by the housing authority undertaking the housing project) to enable them, without financial assistance, to live in decent, safe and sanitary dwellings, without overcrowding;

  • Below Investment Grade means any obligation, the highest rating for which from any of Xxxxx’x, S&P, Fitch and, in their absence, any other NRSRO is:

  • Extremely Low Income means a household earning less than 30 percent of area median income pursuant to Health and Safety Code, section 50105.

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Moderate income housing means housing affordable,

  • Low Impact Development or “LID” means a site design strategy that maintains, mimics or replicates pre- development hydrology through the use of numerous site design principles and small-scale treatment practices distributed throughout a site to manage runoff volume and water quality at the source.

  • Excess Cash Flow Interim Period means, (x) during any Excess Cash Flow Period, any one, two, or three-quarter period (a) commencing on the later of (i) the end of the immediately preceding Excess Cash Flow Period and (ii) if applicable, the end of any prior Excess Cash Flow Interim Period occurring during the same Excess Cash Flow Period and (b) ending on the last day of the most recently ended fiscal quarter (other than the last day of the fiscal year) during such Excess Cash Flow Period for which financial statements are available and (y) during the period from the Closing Date until the beginning of the first Excess Cash Flow Period, any period commencing on the Closing Date and ending on the last day of the most recently ended fiscal quarter for which financial statements are available.

  • low-vision means a condition where a person has any of the following conditions, namely:—

  • Plan for moderate income housing means a written document adopted by

  • Multifamily housing means housing accommodations designed as a residence for more than 1 family.

  • Dte. GHS means Directorate General and Health Services, MOH&FW.