Get the free AFFORDABLE HOUSING TAX CREDIT CLAIM FORM

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RPD-41305 Int. 07/2005 State of New Mexico Taxation and Revenue Department DECLARATION OF SERVICES PURCHASED FOR RESALE TO BE COMPLETED BY PURCHASER AND RETAINED BY SELLER WHO MUST USE THIS FORM:

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What is affordable housing tax credit?

Affordable housing tax credit is a tax incentive program designed to encourage the development of affordable rental housing for low-income individuals and families.

Who is required to file affordable housing tax credit?

Property developers and owners who have invested in affordable housing projects are required to file for the tax credit.

How to fill out affordable housing tax credit?

To fill out the affordable housing tax credit, developers and owners must gather necessary financial information related to the affordable housing project and submit it to the appropriate tax authorities.

What is the purpose of affordable housing tax credit?

The purpose of the affordable housing tax credit is to incentivize the development of affordable rental housing for low-income individuals and families.

What information must be reported on affordable housing tax credit?

Information such as the total cost of the affordable housing project, number of low-income units created, and financial details of the investment must be reported on the affordable housing tax credit form.

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