Modify Income Limits in the LIHTC and Tax-Exempt Bond Programs
Resolved that NAHB urge 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 originally adopted: 2005.4, Resolution No. 8
Committee with primary jurisdiction:
- Multifamily Council Board of Trustees