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2. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...

3. What is the first-time homebuyer tax credit? - AOL

   www.aol.com/finance/first-time-homebuyer-tax...

   A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...

4. ‘The cost of housing is so important’: President Biden ...

   www.aol.com/finance/cost-housing-important...

   The president wants to increase the number of tax credits available for low-income housing developers and approve a $20 billion innovation fund for affordable housing expansion.

5. What are tax credits and how do they work? - AOL

   www.aol.com/finance/tax-credits-153012710.html

   Turbotax notes that tax credits are a “dollar-for-dollar reduction of your income.”. To claim a tax credit, you must first determine your eligibility. If you believe that you qualify for a tax ...

6. Tax Credit Assistance Program - Wikipedia

   en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

   The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.

7. 421-a tax exemption - Wikipedia

   en.wikipedia.org/wiki/421-a_tax_exemption

   421-a tax exemption. The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York ...