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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 ...

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  5. 80/20 housing - Wikipedia

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

    The 80/20 program uses the Low-Income Housing Tax Credit (LIHTC) along with bond sales to finance housing projects. [ 3 ] This program encourages the creation diversified income projects while also allowing granting developers funds at lower interest rates. [ 4 ]

  6. Talk:Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Talk:Low-Income_Housing...

    2) Useful links would include the Novogradac & Company affordable housing resource center; the "blue book" issued by the Joint Economic Committee as part of TRA86; and the HUD LIHTC project database. 3) The annual limits on allocated credit ought to appear in here somewhere.

  7. To promote supply, a series of more proven strategies, such as the expansion of the successful Low Income Housing Tax Credit program, incentives to home builders for constructing starter homes ...

  8. Free Grants and Programs for Small Business - AOL

    www.aol.com/free-grants-programs-small-business...

    This refundable tax credit functions as a grant that helps businesses impacted during the COVID-19 pandemic. Eligibility guidelines are available on the IRS website . Illinois Infrastructure Grants.

  9. 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]