Tax Credit Basics 16: Available Unit Rule (HOTMA)

50 Minutes

Package

Low-Income Housing Tax Credit (LIHTC)

Records Score

Yes

Content Provider

Grace Hill

Subject

LIHTC

Supervisor/Employee

ALL

One unique tax credit program compliance rule is the available unit rule (AUR). This rule is invoked if a previously qualified household has an income increase above a predetermined threshold. If this happens, there are rules in place that, if followed, will keep the unit in compliance. As with all program rules, you must understand the available unit rule and how to apply it in a variety of situations.

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