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  2. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  3. National Equity Fund, Inc. - Wikipedia

    en.wikipedia.org/wiki/National_Equity_Fund,_Inc.

    National Equity Fund, Inc. was founded by the Local Initiatives Support Corporation to be one of the first LIHTC syndicators, following the creation of LIHTC in the Tax Reform Act of 1986. LIHTC provides investors in affordable housing a dollar-for-dollar reduction in federal taxes in exchange for equity in new or refurbished affordable housing ...

  4. 80/20 housing - Wikipedia

    en.wikipedia.org/wiki/80/20_housing

    New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high number of women, single parent households, households with multiple children and minorities.

  5. Low-Income Housing Tax Credit: a flawed, ineffective policy ...

    www.aol.com/low-income-housing-tax-credit...

    This is because LIHTC’s standard for affordability is based on the area median income of a large area, such as a county, as opposed to a more narrowly defined poorer community.

  6. Local Initiatives Support Corporation - Wikipedia

    en.wikipedia.org/wiki/Local_Initiatives_Support...

    LISC was an early advocate for the Low-Income Housing Tax Credit (LIHTC), which created by the Reagan Administration in the Tax Reform Act of 1986. In 1987, LISC launched the National Equity Fund (NEF) to syndicate LIHTC, raising $14.5 million in the first year. [15]

  7. Don't Trust The Pop-Up Thermometer In Your Turkey—Here's Why

    www.aol.com/dont-trust-pop-thermometer-turkey...

    Get The Recipe. Where To Check The Turkey's Temperature. Where you measure the temperature is key to getting an accurate reading on your turkey. Check the temperature in the two thickest parts of ...

  8. Angel Reese Says Estimate That Her Net Worth Totals $2 ...

    www.aol.com/angel-reese-says-estimate-her...

    According to Sportrac, Reese made $73,439 during her rookie season with the Sky.. Reese’s net worth is supported by her host of other business ventures, including her Unapologetically Angel ...

  9. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.