Low Income Housing Tax Credits & Transit in Indiana, 2018-2019

The 2018-2019 Indiana Qualified Allocation Plan gives point incentives for developments located close to or near transit hubs.

Transit Oriented Development

Up to 2 points are awarded if a project is located within ½ mile of fixed transit infrastructure.

  • “Fixed transit infrastructure” is defined as light rail station, commuter rail stations, ferry terminals, bus rapid transit stations, streetcar stops, bus stops or major bus transit centers.
  • If the fixed transit infrastructure does not yet exist, the transit investment must be planned, approved and funded at the time of application. Transit investments that have been funded but not completed will be considered. Verification must be provided.
  • Rural and small city sites may qualify for this category if applicants can show documentation of an established point to point transit service that provides pick up service to within a ¼ mile of the site.

 

Contributed By: 
National Housing Trust

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