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 .

  • This includes also challenges and requirements for organisational and management arrangements.

  • Only proposed legislative measures or resolutions that appear in full in the printed agenda may be considered, except that unusually long measures or resolutions may be summarized by bar staff.

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.

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

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