Low Income Housing Tax Credits

About the Program

The LIHTC Program provides tax credits for developers to:

construct,
rehabilitate, or
acquire and rehabilitate qualified low-income rental housing.

These development projects include multifamily and single-family rental housing units. Eligible applicants include both for-profit and nonprofit sponsors. OHCS issues these credits through a competitive Notice of Funds Availability (NOFA) process. There is also a non-competitive application process available. The department reserves and allocates credits on eligible properties. The department set aside a minimum of 10 percent of the credit authority for each calendar year. This applies for nonprofit sponsors. OHCS has another discretionary set-aside of 35 percent for preservation.

Program Materials

Redline Updated QAP Draft December 2022

Redline QAP Draft October 2022

Clean QAP Draft October 2022

Redline Tracker Oct 2022 QAP Update

*PUBLIC NOTICE*

Current QAP:

2022 Updated Final QAP

Past QAPs:

2022 QAP Final

QAP 2022 Changes Tracker

Updated 2019 QAP Final

2019 Qualified Allocation Plan

2016 Qualified Allocation Plan

Other LIHTC Resources:

Qualified Census Tracts and Difficult to Develop Areas

Draft Qualified Contract Application

LIHTC Final Application

LIHTC Four Percent Application

The Four Percent LIHTC initial application is an open, non-competitive process to efficiently distribute tax credits to projects with an allocation of tax-exempt bond financing. Four percent credits must be used for affordable multi-unit rental housing development.

For more details on the carryover application process below, please refer to your Production Analyst.

2022 Carryover Application

2022 Carryover Allocation Agreement

Sponsor's Self Certification of Costs

CPA Certification Letter - Sample