Oct October 27, 2023, the National Council of State Housing Agencies (NCSHA)released an updated edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide how states administer the federal low-income housing tax credit (LIHTC) incentive. NCSHA’s recommended practices are voluntary standards in Housing Credit allocation, underwriting, and compliance monitoring that all states should consider adopting regardless of other differences among them. The standards were last revised in 2017.
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