How to Set Aside Employee Units Without Jeopardizing Owner’s Tax Credits

Like many tax credit managers, you might want to set aside a unit for a member of your leasing, management, or maintenance staff. Or you may already be renting to one or more of your employees. The tax credit law doesn’t bar you from renting to employees. In fact, you may have three options for the type of unit you can rent to employees—a market-rate unit, a low-income unit, or a unit that’s considered part of your common area.