Avoid Mistakes that Could Trigger Resident Exceeding Income Limits

Avoid Mistakes that Could Trigger Resident Exceeding Income Limits



When recertifying households, you, as the site tax credit manager, probably know that households that go over-income don’t cease to qualify as tax credit units. To continue receiving tax credits on a unit whose household goes over-income, you must follow the available unit rule. The rule requires you to rent the next available unit of comparable or smaller size in the building to a new, qualified low-income household.

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