Web27 jan. 2024 · Its annual tax credits will total $1.2 million, and it received $750,000 in other aid. Real America also renovated the former Hotel LaSalle into the market-rate LaSalle Apartments in 2016. WebExpand affordable housing tax credits Expanding the 2024 affordable housing tax credit could increase housing affordability.15 This legislation allows the Indiana Housing and Community Development Authority (IHCDA) to distribute up to $30 million per year in tax credits to developers of low-income housing projects. This
Affordable housing expanded through $190 million ... - State of …
WebRENTAL HOUSING TAX CREDIT PROGRAM DEVELOPMENT SUMMARY 2024A-C Round PROJECT NAME: Jacobsville I Apartments Rehab SITE LOCATION: 240 W. Florida Street and 1012/1014 W. Delaware Street Evansville, IN 47710 PROJECT TYPE: New Construction & Rehabilitation PROJECT DESIGNATION: Family APPLICANT: … Web1 nov. 2024 · Indiana awarded more than $96 million Sept. 26 in tax-exempt bonds and $8 million in 4% low-income housing tax credits (LIHTCs) for five endeavors. The awards will build or rehabilitate 1,888 homes in the Hoosier State. clinic based maxicare
House Bill 1036 - Housing tax credits - Indiana General Assembly
Web11/19/2013 4 Low-Income Housing Tax Credit Program 7 8 Key Features of the LIHTC Program It is tax policy, not a “housing program” LIHTC is the largest program funding new multifamily housing and is growing Income eligibility generally higher than HUD programs Rents NOT directly tied to tenant’s income Lease with specific provisions may not be … WebIndianapolis Low-Income Housing Tax Credit Income Limits. Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Indianapolis but actual income limits may differ for units at Thompson Village Apartments. Web11 apr. 2024 · BEDFORD - Hoosier Uplands plans to construct rental housing for adults aged 55 and older on Shawnee Drive in Bedford. Hoosier Uplands is applying for federal tax credits to construct a 32-unit ... clinic basic graviditetstest