Low-Income Housing Tax Credit Program
GPTKB entity
Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax credit program
|
| gptkbp:abbreviation |
gptkb:LIHTC
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
gptkb:state_housing_finance_agencies |
| gptkbp:allocates |
allocated to states based on population
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:duration |
tax credits claimed over 10 years
|
| gptkbp:enactedBy |
gptkb:Tax_Reform_Act_of_1986
|
| gptkbp:established |
1986
|
| https://www.w3.org/2000/01/rdf-schema#label |
Low-Income Housing Tax Credit Program
|
| gptkbp:provides |
tax credits to private developers
|
| gptkbp:purpose |
encourage private investment in affordable rental housing
|
| gptkbp:relatedTo |
gptkb:Section_8
gptkb:building gptkb:affordable_housing |
| gptkbp:targetAudience |
low-income households
|
| gptkbp:type |
federal housing subsidy
|
| gptkbp:website |
https://www.irs.gov/businesses/small-businesses-self-employed/low-income-housing-credit
|
| gptkbp:bfsParent |
gptkb:California_Tax_Credit_Allocation_Committee
|
| gptkbp:bfsLayer |
5
|