Low Income Housing Tax Credits & Cost Containment in Tennessee, 2018

The 2018 Tennessee Qualified Allocation Plan limits the credit allocation that any individual project can receive

The maximum amount of annual Tax Credits that may be allocated to a single development shall not exceed one million one hundred thousand dollars ($1,100,000). In making this determination, THDA will consider the physical location of developments; the relationships among owners, developers, management agents, and other development participants; the structure of financing; and any other information which might clarify whether Initial Applications reflect a single development or multiple developments

Contributed By: 
National Housing Trust

Other Items of Interest