enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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. 80/20 housing - Wikipedia

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

   There are two options for multifamily rental developments that wish to qualify for tax-free funding through the 80/20 housing program. The first way to meet qualifications is developers must reserve 20 percent of units in the development for households making less than half of the area's median income (AMI).

4. Development of non-profit housing in the United States

   en.wikipedia.org/wiki/Development_of_non-profit...

   Developers apply to state agencies, such as a state Housing Finance Agency, for allocation of tax credits. After receiving the tax credits, the developer then sells the credits to investors. No less than 10% of a state's tax credit allocations must be allocated towards housing development by non-profit organizations. [7]

5. 7 Biden-Backed Tax Incentives To See if You Qualify For ... - AOL

   www.aol.com/7-biden-backed-tax-incentives...

   If you make under $150,000 or have a combined family income under $300,000, you can get a $7,500 tax credit for qualifying new electric vehicles. For used electric cars, a $4,000 credit is ...

6. Do you qualify for homebuyer assistance? You might — even if ...

   www.aol.com/finance/can-i-qualify-for-homebuyer...

   You might qualify for a low interest rate based on your income or find a down-payment loan that's forgivable if you live in the home for a set period of time. Lower upfront costs.

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

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

   More than half of states have their own LIHTC programs, which award additional tax incentives to developers who qualify for the federal program. Economists Edgar Olsen and Bree Lang conclude in a ...

8. 421-a tax exemption - Wikipedia

   en.wikipedia.org/wiki/421-a_tax_exemption

   Longer exemption periods apply in less densely populated areas of the outer boroughs and upper Manhattan. The original program gets its name from section 421-a in the New York Real Property Tax Law. The 421-a program began in 1971, and the state government later added provisions to mandate the creation of affordable housing units in order for ...

9. Earned Income Tax Credit: Find Out if You Qualify - AOL

   www.aol.com/earned-income-tax-credit-qualify...

   If you made money last year by working a job or running a business--you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income families...