DiscoverTax Credit Tuesday PodcastsJan. 30, 2024: So You Want to Be a LIHTC Developer: Optimizing First-Year Credits
Jan. 30, 2024: So You Want to Be a LIHTC Developer: Optimizing First-Year Credits

Jan. 30, 2024: So You Want to Be a LIHTC Developer: Optimizing First-Year Credits

Update: 2024-01-30
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Sensitivities around timing can lead to variances in the volume of low-income housing tax credits (LIHTCs) an owner or manager can claim in the first year a LIHTC property is placed in service. In this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Dayle Dalling, CPA, discuss four paths to optimizing first-year LIHTCs: 9% new construction, 4% new construction, 9% acquisition-rehabilitation and 4% acquisition-rehabilitation. They outline why the issue is important to owners, managers, developers and more before segueing into how first-year credits are determined.
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Jan. 30, 2024: So You Want to Be a LIHTC Developer: Optimizing First-Year Credits

Jan. 30, 2024: So You Want to Be a LIHTC Developer: Optimizing First-Year Credits