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HUD recently designated difficult development areas (DDAs) for 2013 for the low-income housing tax credit (LIHTC). A DDA is an area designated by HUD with high construction, land, and utility costs relative to its area median gross income (AMGI). DDAs are eligible for tax credits at 130 percent of qualified basis, meaning that more of the development costs are borne by the tax credit funding than in areas not designated a DDA.
