How to Comply with Minimum Set-Aside Requirements

How to Comply with Minimum Set-Aside Requirements



For a building or site to qualify for the tax credit program, an owner must rent at least a certain percentage of the units to qualified low-income households. These households can earn no more than a specified amount of income. This requirement is called the “minimum set-aside,” and every tax credit site must meet and maintain this requirement throughout the 15-year compliance period to continue earning tax credits.

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