Low-Income Housing Credit

A credit for owners of residential low-income rental buildings satisfying specified conditions that can be taken over a 10-year credit period. The state housing credit agency (Agency) providing credits completes Part I of Form 8609 Low-Income Housing Credit Allocation and Certification (PDF), for each building and attaches a copy of each completed Form 8609 to the Form 8610, Annual Low-Income Housing Credit Agencies Report (PDF), which are then filed with the Low-Income Housing Credit (LIHC) unit at the Philadelphia campus. The original of the Form 8609 is sent by the Agency to the building owner, who submits the original to the LIHC unit by the due date (including extensions) of the first tax return the owner files Form 8609-A, Annual Statement for Low-Income Housing Credit (PDF).