Low Income Housing Tax Credits & Tax Exempt Bonds in Louisiana, 2016

Louisiana's 2016 Qualified Allocation Plan indicates that to receive 4% Tax Credits on a Tax Exempt Bond project, Applicants/Co-Applicants must comply with threshold criteria.

Louisiana Housing Corporation will verify that all projects have the appropriate development team in place, meet all threshold requirements, and meet LHC’s underwriting requirements. LHC reserves the right to reject any application that fails to meet an appropriate level of quality in these areas. LHC is the final judge of eligibility for the amount LIHTC awarded to all tax-exempt bond financed developments. The deadlines indicated in the program calendar do not apply. Bond Financed Applications may be submitted for projects located in any of the Parishes throughout the state.

Contributed By: 
National Housing Trust

Other Items of Interest