Low-Income Housing Tax Credits & Cost Containment in Louisiana, 2017

The 2017 Louisana Qualified Allocation Plan (QAP) sets credit ceilings and may prioritize projects requesting the lower amount of tax credits.

Cost Containment

No project will be reserved Credits in excess of $750,000 from the 2017 credit ceiling. No Developer, including related persons thereof or agents thereof or any person having an identity of interest with any such Developer, related persons thereof or agents thereof or any combination of the foregoing shall be reserved tax credits in excess of $1,500,000 under the 2017 housing credit ceiling.

If sub-ranking scores do not result in a tiebreaker between applications, the project requesting the lower amount of tax credits will be allocated credits in advance of other projects requesting higher amounts of credits.

Contributed By: 
National Housing Trust

Other Items of Interest