Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is Section 42?

April 26, 2017section

0

Posted

What is Section 42?

1 Answer

0

Posted

Section 42 refers to the section of the IRS tax code that provides tax credits to investors building affordable housing. Since its creation in 1986, the Low-Income Housing Tax Credit Program has become the most popular method of financing affordable multifamily apartment.