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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.
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.
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A group of students preparing for a test. Test preparation (abbreviated test prep) or exam preparation is an educational course, tutoring service, educational material, or a learning tool designed to increase students' performance on standardized tests.
Whether Elon Musk is the real “president,” merely the “prime minister” or just Donald Trump’s multibillionaire enforcer, he’s carving out an unprecedented role that could raise ...
Behati Prinsloo is playing Santa!. The model, 36, revealed how she and husband Adam Levine, 45, spent the holidays with their daughters Dusty Rose, 8, and Gio Grace, 6, and their 1-year-old son in ...
Reigning queen of Christmas Mariah Carey will perform before the NFL's Christmas Day games kick off, here's how to watch. (Kevin Mazur/Getty Images for Mariah Carey) (Kevin Mazur via Getty Images)
Multiple choice questions lend themselves to the development of objective assessment items, but without author training, questions can be subjective in nature. Because this style of test does not require a teacher to interpret answers, test-takers are graded purely on their selections, creating a lower likelihood of teacher bias in the results. [8]