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

  • 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).

  • 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.

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