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Modify Income Limits in the LIHTC and Tax-Exempt Bond Programs

Tax
Published

Resolved that NAHB urge the Congress to amend Sections 42 and 142 of the Internal Revenue Code to specify that income limits shall be calculated as the greatest of area median, statewide non-metropolitan median or statewide median gross income.

Resolution originally adopted: 2005.4, Resolution No. 8

Committee with primary jurisdiction:

  • Multifamily Council Board of Trustees
Full Resolution The full text of this resolution is available for download