Low-Income Housing Tax Credit Projects

Low-Income Housing Tax Credit Projects

The Low Income Housing Tax Credit program is a federal tax credit that incentivizes the investment of private equity in the development of housing that is affordable. State housing finance agencies administer the program with each state getting a fixed allocation of credits based on its population.

Projects such as these add housing units to a community and provide an affordable option for housing. Region 3A works with communities in which individuals need assistance. They submit applications and handle the administration of grant funding to project completion.