LPT – When apartment-hunting, ask if the landlord participates in LIHTC if your income doesn’t meet the requirements
LPT – When apartment-hunting, ask if the landlord participates in LIHTC if your income doesn’t meet the requirements The low income housing tax credit gives landlords a tax break in exchange for reserving a percentage of units at a reduced rate for people who cannot meet the income requirements. This is not « public housing; » the apartments can be in a great part of town and « luxury ». The management does not always advertise this or share that they partici…