NOVOCO: NCSHA’s Recommended Practices for LIHTC Administration

NOVOCO: NCSHA’s Recommended Practices for LIHTC Administration
December 28, 2017 Peter

The National Council of State Housing Agencies (NCSHA) today released its updated and revised “Recommended Practices in Housing Credit Administration” (RPs). Although technically not binding, the RPs are influential because they represent near consensus among allocators on low-income housing tax credit (LIHTC) policy. Allocating agencies generally align their qualified allocation plans (QAPs) with the RPs wherever possible.

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