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FORM LHC Tax Year 2018APPLICATION MUST BE FOR THE APPROPRIATE TAX YEAR AND WILL BE PROCESSED AS SUBMITTED. PLEASE ENSURE ALL DOCUMENTATION IS INCLUDED Virginia Department of Housing and Community
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The lhtc application is an application for the Low-Income Housing Tax Credit program, which provides tax incentives to developers who build or rehabilitate affordable housing for low-income individuals and families.
Developers and owners of affordable housing projects are required to file the lhtc application in order to potentially receive tax credits for their projects.
The lhtc application can typically be filled out online through the designated state housing agency's website. It requires detailed information about the affordable housing project, including financing details, tenant income qualifications, and project timelines.
The purpose of the lhtc application is to apply for tax credits that can offset the costs of developing or rehabilitating affordable housing for low-income individuals and families.
The lhtc application requires information about the development costs, funding sources, expected rents, and tenant income qualifications for the affordable housing project.
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