Revised Text for the Build Back Better Legislation Includes LIHTC, NHTC, and Tribal NMTC
Low-Income Housing Tax Credit The BBBA extends the 9% LIHTC allocations to pegged amounts through 2025. The provision is effective for calendar years after December 31, 2021. The provision provides a 50% increase in basis for LIHTC projects that designate at least 20% of their units for extremely low-income tenants. These projects may not use Read More »