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2014 MULTIFAMILY LOAN APPLICATION Addendum be used in conjunction with the 2014 LIH TC Application201 West Washington Avenue, Suite 700 PO Box 1728 Madison WI 537011728 6082667884140 South 1st Street,
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Low income housing tax is a tax credit program designed to incentivize the development of affordable housing.
Owners or developers of qualified low income housing properties are required to file low income housing tax.
To fill out low income housing tax, owners or developers must complete IRS Form 8609 and submit it along with their tax return.
The purpose of low income housing tax is to increase the availability of affordable housing for low income individuals and families.
Information such as the total number of low income units, rent restrictions, and project costs must be reported on low income housing tax.
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