Housing Tax Credit & Qualified Allocation Plan

Overview of Housing Tax Credit (HTC) Program

The Housing Tax Credit program (aka low-income housing tax credit (LIHTC) program), created in 1986 and made permanent in 1993, is an indirect federal subsidy used to finance the construction and rehabilitation of low-income affordable rental housing. Washington lawmakers created this as an incentive for private developers and investors to provide more low-income housing. Without the incentive, affordable rental housing projects do not generate sufficient profit to warrant the investment.

Overview of Qualified Allocation Plan (QAP)

The federal Housing Tax Credit program requires each state agency that allocates tax credits, generally called a housing finance agency, to have a Qualified Allocation Plan (QAP). The QAP sets out the state’s eligibility priorities and criteria for awarding federal tax credits to housing properties.

Become a Member

As a TAAHP member, you'll receive discounts to member events and the Texas Housing Conference, access to industry news, TAAHP's member directory, networking opportunities and so much more!

Upcoming Events

Dec 11

Annual Holiday Party

December 11 @ 5:30 pm - 7:30 pm

Founded in 1997, the Texas Affiliation of Affordable Housing Providers (TAAHP) is a non-profit trade association serving as the primary advocate and leading resource for the affordable housing industry in Texas. Our vision is to inspire and engage our members and stakeholders to end the affordable housing crisis in Texas.

Contact Us

221 E. 9th Street, Suite 408
Austin, TX 78701

TAAHP

TAAHP

Phone: 512-476-9901 | Email: info@taahp.org

Share This