• $5.99

Publisher Description

abstract Understanding and valuing Low Income Housing Tax Credit (LIHTC) properties is complex due to the unusual, severe restrictions imposed upon them and the limited number of these properties. In order for LIHTC property owners to receive tax credits, they must agree to follow the restrictions in a land use restriction agreement (LURA) promulgated by the state and federal governments; the restrictions vary from LURA to LURA. The LURA includes recorded deed restrictions that negatively affect the market value of an LIHTC apartment complex. Tax credit property valuations must address those restrictions that reduce market value compared to conventional properties.

GENRE
Business & Personal Finance
RELEASED
2005
January 1
LANGUAGE
EN
English
LENGTH
24
Pages
PUBLISHER
The Appraisal Institute
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
288.3
KB

More Books by Appraisal Journal