Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022

BROADCAST EMAIL – Regulatory Update To today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022” for purposes of the low-income housing tax credit (LIHTC). LIHTC developments in DDAs or QCTs are eligible for as much as 30 percent more LIHTC subsidy. The designations…