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OHIO HOUSING FINANCE AGENCYHousing Tax Credit Compliance Handbook2020TABLE OF CONTENTS Introduction...........................................................................................................
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Housing tax credit fundamentals are the basic principles and rules governing the utilization of tax credits for affordable housing development projects.
Developers or owners of affordable housing projects are required to file housing tax credit fundamentals.
Housing tax credit fundamentals can be filled out by providing relevant information about the affordable housing project's financing, compliance, and other related details.
The purpose of housing tax credit fundamentals is to ensure that affordable housing projects comply with the necessary regulations and guidelines to receive tax credits.
Information such as project financials, compliance with low-income housing requirements, and other project details must be reported on housing tax credit fundamentals.
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