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#lihtc

Top Voted Definition for #lihtc

The Low Income Housing Tax Credit (LIHTC), pronounced "lie-tech," program was created by Congress in 1986 to raise private equity for the new construction/rehabilitation of affordable housing by allocating federal tax credits to the development. The private equity subsidizes the development, allowing either some, or all of the units to be rented... More at http://www.reinid.com/lihtc

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Added on Feb. 25, 2016 by reinidllc

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