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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. Affordable housing - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing

   Public housing is a form of housing tenure in which the property is usually built and owned by a government authority, either central or local. In some countries, public housing is focused on providing affordable housing for low-income earners while in others, such as Singapore, citizens across a wide range of incomes live in public housing.

4. 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.

5. 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 ...

6. Workforce housing - Wikipedia

   en.wikipedia.org/wiki/Workforce_housing

   Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.

7. 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 ...