Tax Credit Basics 3: Determining Eligibility

There are five steps to determining a household's eligibility to live in a LIHTC unit. This course covers steps 1 through 4, which are: which are interviewing the applicant, completing the application, verifying the applicants' eligibility information, and calculating household income. It is important to know what to do in each step. A complete and correct application, as well as verification that meets program guidelines, are critical to ensuring your property stays in compliance with LIHTC program rules.