What is recapture?
The loss or reclaiming of tax credits (such as LIHTC) if a project fails to meet ongoing income, rent, tenant-eligibility, or affordability requirements during the compliance period.
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.