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Exhibit B Low Income Housing Tax Credit Program OWNER IS CERTIFICATE OF CONTINUING PROGRAM COMPLIANCE To: ARKANSAS DEVELOPMENT FINANCE AUTHORITY Certification Dates: From: To: January 1, 2008, Project

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What is low income housing tax?

Low income housing tax is a tax credit program that provides incentives for developers to build and maintain affordable rental housing for low-income individuals and families.

Who is required to file low income housing tax?

Developers and property owners who participate in the low income housing tax credit program are required to file low income housing tax.

How to fill out low income housing tax?

To fill out low income housing tax, developers and property owners need to complete the appropriate IRS forms, such as Form 8609, and provide information on the development, tenants, and financial details.

What is the purpose of low income housing tax?

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

What information must be reported on low income housing tax?

Developers and property owners must report information on the development, including the number of low-income units, qualified tenants, and financial data.

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