Avoid Mistakes that Could Trigger Resident Exceeding Income Limits

When recertifying households, you, as the site tax credit manager, probably know that households that go over-income don’t cease to qualify as tax credit units. To continue receiving tax credits on a unit whose household goes over-income, you must follow the available unit rule. The rule requires you to rent the next available unit of comparable or smaller size in the building to a new, qualified low-income household.