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TO: All Low Income Housing Tax Credit Project Owners and Managing Agents FROM: Daniel E. Murphy, V.P. Housing Portfolio Management DATE: October 21, 2013, RE: Low Income Housing Tax Credit (LIH TC)
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What is nyc utility allowances?
The NYC utility allowances refer to the expenses allocated to cover utility costs for housing units in New York City.
Who is required to file nyc utility allowances?
Property owners or managers of housing units in NYC are required to file NYC utility allowances.
How to fill out nyc utility allowances?
NYC utility allowances can be filled out by providing information on the utility expenses for each housing unit.
What is the purpose of nyc utility allowances?
The purpose of NYC utility allowances is to ensure that tenants are not burdened with excessive utility costs.
What information must be reported on nyc utility allowances?
Information on the actual utility expenses incurred by each housing unit must be reported on NYC utility allowances.
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