Is the novogradac rent and income limit calculator updated?
HUD occasionally revises the income limits after HUD’s initial publication of the income limits. The Novogradac Rent & Income CalculatorĀ© is not linked directly to the HUD income limit data set, but we will update the Novogradac Rent & Income CalculatorĀ© when we are aware of any revisions.
What kind of Professional Services does novogradac offer?
Novogradac is a national professional services organization that consists of affiliates and divisions providing professional services that include certified public accounting, valuation and consulting with more than 25 offices nationwide. Our clients represent a broad range of industries, with a major emphasis in the real estate sector.
Is there an updated privacy policy for novogradac?
On May 14, 2021, Novogradac updated its Privacy Policy. You should review this updated Privacy Policy before continuing to use our site. By continuing to use our site, you agree to this updated Privacy Policy. Sign Up Today!
Is there an income limit for the LIHTC?
This program will calculate IRC Section 42 (i) (3) (A) low-income housing tax credit (LIHTC) rent and income limits for every county and for every Metropolitan Statistical Area (MSA) in the United States. It provides the HUD sourced 30%, Very Low (50%), and Low (80%) income limits for the selected county.
When does the privacy notice for novogradac change?
On July 16, 2021, Novogradac updated its Privacy Notice for California Residents. You should review this updated Privacy Notice before continuing to use our site. By continuing to use our site, you agree to this updated Privacy Notice.
Can a LIHTC property be designated as a QCT?
The notice also designates QCTs based on new income and poverty data released in the American Community Survey. LIHTC properties built in a DDA or QCT are qualified to increase their eligible basis by up to 30%.