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A Continental Groups Property A Continental Groups Property

About the Housing Tax Credit Program

Maximum income limits apply to all tenants in our tax credit set-aside apartments. The anticipated income of all persons expecting to occupy the unit within the 12-month certification period must be verified and included on an application and income certification form prior to occupancy, and you will be required to have your financial status reviewed annually.

Maximum Income Limits

Occupants

1
2
3

Income

$27,540
$31,440
$35,400

For more information about income limits, please contact us and our property manager will be happy to provide you with more details.

Section 8 Vouchers Accepted

HTC

Enacted in the Tax Reform Act of 1986, the Housing Tax Credit (HTC) is designed to secure private equity capital for the development of affordable rental housing. The HTC can provide as much as 55%-60% of the total development cost which reduces the amount of debt financing in affordable rental housing developments. This allows lower rents and greater affordability.

The HTC is an excellent community investment tool. It is responsible for the development of more than 20,000 units in Kansas.