Low income housing credit definition

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

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