HOME and LIHTC Guidebook from HUD

HUD’s Office of Community Planning and Development (CPD) issued HOME and the Low-Income Housing Tax Credit Guidebook. The 161-page publication provides technical guidance on how to assess projects intending to use both the HOME program and Low Income Housing Tax Credit (LIHTC). The document provides a useful glossary, and overviews of both HOME and LIHTC, before delving into technical considerations such as reviewing financial feasibility, construction standards, income targeting, rents and ensuring long-term compliance with income eligibility and rent affordability.Click here for the guidebook.