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News: Program - LIHTC (Tax Credits)
NIFA is working on a National Affordable Housing Equality Initiative to raise awareness of problems with LIHTC incomes
(3/20/2012)
Nebraska Investment Finance Authority (NIFA) is spearheading the National Affordable Housing Equality Initiative (NAHE) to raise awareness about the problems caused by outdated restrictions in the Low Income Housing Tax Credit program. Specifically, the initiative seeks to re-calibrate the LIHTC national household income limits.
The following is a state‐by‐state graphical comparison of the 60% AMI limits in the Low Income Housing Tax Credit (LIHTC) program – per HUD 2012 limits.
The 2, 3 and 4 person LIHTC limits are compared to the current federal minimum wage, calculated for a two‐person household with both persons working 40 hours per week at $7.25 per hour = $30,160.
To view the LIHTC limits comparison charts please click the appropriate household size.
USA 2 person - 60% income
USA 3 person - 60% income
USA 4 person - 60% income
USA 2 person - 80% income
39 State Comparison and County Impact Charts
County Impact Charts
Alabama
Arizona
Arkansas
California
Colorado
Delaware
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
South Dakota
Tennessee
Texas
Utah
Virigina
Washington
West Virginia
Wisconsin
Please note: The counties in the states below have income limits for 2 persons above the 2 person minimum wage equivalent of $30,160:
Alaska
Connecticut
Hawaii
Maryland
Massachusetts
Nevada
New Hampshire
New Jersey
Rhode Island
Vermont
Wyoming
If you have any questions or comments please email Larry Jablonski or phone at 402-434-3917.
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