Low-Income Housing Tax Credits & Tax-Exempt Bonds in Idaho, 2018

Idaho's 2018 Qualified Allocation Plan (QAP) requires tax-exempt bond financed projects to meet evaulation guidelines.


If 50% or more of a development’s aggregate basis of buildings and land are financed with tax-exempt bonds, the development may receive a maximum 30% present value credit calculated against the development’s qualified basis without causing a reduction in the state's annual credit ceiling. Tax-exempt bond developments are governed by the Tax Exempt Multifamily Housing Bond Administrative Plan and are subject to evaluation within the guidelines of this Qualified Allocation Plan.

Contributed By: 
National Housing Trust

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