Get the free 2025 9% Lihtc Initial Application

This document outlines the initial application for the 9% Low-Income Housing Tax Credit (LIHTC) for Tyner Senior Housing located in Hartford City, Indiana. It includes development details, application components, required documentation, scoring criteria, and compliance information relevant to the IHCDA guidelines.

How to fill out 2025 9 lihtc initial

How to fill out 2025 9 lihtc initial

1. Gather necessary documents, including ownership details and tenancy information.
2. Obtain form 2025 9 LIHTC Initial from the relevant state housing agency website.
3. Fill out the basic information section with details about the property and owner.
4. Provide tenant information, including demographic details, income levels, and qualifying criteria.
5. Complete the project summary section, detailing the number of units and affordability levels.
6. Review the compliance and eligibility requirements for the Low-Income Housing Tax Credit program.
7. Sign and date the form, ensuring all information is accurate and complete.
8. Submit the form to the appropriate housing authority by the specified deadline.

Who needs 2025 9 lihtc initial?

1. Developers and property managers seeking to obtain Low-Income Housing Tax Credits for their affordable housing projects.
2. Non-profit organizations involved in creating and managing affordable housing.
3. Investors looking to leverage tax credits for financing affordable housing initiatives.

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What is 9 lihtc initial application?

The 9 LIHTC (Low-Income Housing Tax Credit) initial application is a document submitted by developers to apply for tax credits that support the construction or rehabilitation of affordable rental housing.

Who is required to file 9 lihtc initial application?

Developers or owners of rental housing projects that wish to receive Low-Income Housing Tax Credits are required to file the 9 LIHTC initial application.

How to fill out 9 lihtc initial application?

To fill out the 9 LIHTC initial application, you need to provide information about the project, including its location, financing, project design, and the anticipated number of low-income units. Detailed instructions and forms can be obtained from the housing authority or agency administering the LIHTC program.

What is the purpose of 9 lihtc initial application?

The purpose of the 9 LIHTC initial application is to determine eligibility for tax credits aimed at encouraging the development and preservation of affordable rental housing for low-income individuals and families.

What information must be reported on 9 lihtc initial application?

The application must report information such as project location, the number of low-income units, projected rental income, sources of financing, and compliance with federal and state regulations.