Low Income Housing Tax Credits & Rural Housing in Iowa, 2019

The Iowa Finance Agency sets aside 7% of all available Tax Credits for Projects located in a Non-MSA city or county in the 2019 Iowa Qualified Allocation Plan 

Seven percent (7%) of all available Tax Credits are set aside for Projects located in a Non-MSA city or county.

Basis Boost: Special Considerations for Projects Located in a Non-MSA City or County. Projects in a Non-MSA city or county may be designated by IFA as requiring a fifteen percent (15%) increase in Eligible Basis in order for such Projects to be financially feasible, as allowed by the Housing and Economic Recovery Act of 2008.

Contributed By: 
National Housing Trust

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