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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.
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.
Later, it says "as much as 30 to 40% of all new multifamily construction has received a subsidy under the program." (Again, misleading wording. The LIHTC is hardly a "program" and doesn't "subsidize" anything. Well, indirectly, I guess. In general, the language throughout mischaracterizes what a tax credit is.
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The National Association of Home Builders has a specialized designation for the affordable housing industry through the Low Income Housing Tax Credit (LIHTC) program: Housing Credit Certified Professional (HCCP) In the UK: Association of Residential Managing Agents (ARMA, now The Property Institute, TPI)
The Architect Registration Examination (ARE) is required by all U.S. jurisdictions and accepted by 11 Canadian provinces to satisfy examination requirements for licensure. It is a computerized exam that assesses candidates for their knowledge, skills, and ability to provide the various services required to practice architecture independently.
Upon passing the exam, testers receive a legal, high school equivalency certificate and official transcript containing a score report, [1] which can be used to enroll in college early. As with any college enrollment, assessment tests may be required upon college entrance to determine the student's ability for placement in the appropriate courses.
Notre Dame senior defensive tackle Rylie Mills will miss the remainder of the postseason with a right knee injury suffered in Friday's College Football Playoff victory over Indiana. The No. 5 ...