Get the free Section 4.2 - Code of Ethics. Local Government Resource Handbook
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Code of Ethics is an
administrations'
integrity so
important? A Code of Ethics
provides a focus on
the highest ethical
standards for a
municipality. In any level of government, the public' perception
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Section 42 - code refers to a specific section of the tax code that provides guidelines for low-income housing tax credits.
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Developers and owners of low-income housing properties are required to file section 42 - code.
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Section 42 - code must be filled out by providing specific information about the low-income housing property, including tenant income levels and rent restrictions.
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The purpose of section 42 - code is to incentivize the development of affordable housing by providing tax credits to property owners.
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Information such as tenant income levels, rent restrictions, and compliance with the low-income housing requirements must be reported on section 42 - code.
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