Low-Income Housing Tax Credit Program : The Fixed Subsidy and Variable Rate.

Explains current method for determining low-income housing tax credit (LIHTC) rate, which generates fixed subsidies for rehabilitated and new buildings. Explains relationship between interest rates and LIHTC subsidy, provides example, and covers legislative developments.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2008.
Series:	U.S. Congressional Research.
Subjects:	Interest rates. Tax incentives. Federal aid to housing. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Explains current method for determining low-income housing tax credit (LIHTC) rate, which generates fixed subsidies for rehabilitated and new buildings. Explains relationship between interest rates and LIHTC subsidy, provides example, and covers legislative developments.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.