Meaning of LIHTC | Babel Free
Definitions
Initialism of Low-Income Housing Tax Credit.
US, abbreviation, alt-of, initialism, uncountable, usually
Examples
“This provision makes three changes to the LIHTC program. First, for calendar years 2026 through 2029, the “9% LIHTC” is restored to its 2021 level with a 12.5 percent allocation increase. Second, for the “4% LIHTC”, this provision lowers the bond-financing threshold to 25 percent for projects financed by bonds with an issue date before 2030. Last, this provision designates Indian and rural areas as DDAs.”
CEFR level
B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
This word is part of the CEFR B1 vocabulary — intermediate level.
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