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

NAHB urges 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 reaffirmed: 06/2013

Resolution reaffirmed: 05/2009

Resolution originally adopted: 04/2005, Resolution Number 8

Committee with primary jurisdiction: Multifamily Council Board of Trustees

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