What is LIHTC?
Low-Income Housing Tax Credit (IRC Section 42): among the most important federal programs for affordable rental housing. Credits are allocated to developers and sold to tax-credit investors for equity, reducing the debt the project needs.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.