{"product_id":"housing-low-income-housing-tax-credit-utilization-and-syndication-t-rced-90-73-9781289009786","title":"Housing: Low-Income Housing Tax Credit Utilization and Syndication: T-Rced-90-73","description":"\u003cp\u003e • Author(s): U. S. Government Accountability Office (\u003cbr\u003e • Publisher: Bibliogov\u003cbr\u003e • Publisher Imprint: Bibliogov\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003eGAO discussed low-income housing tax credit utilization and syndication. GAO found that: (1) tax credits are intended to induce investors to supply equity for low-income housing; (2) tax credit use increased from 20 percent in 1987 to 98 percent in 1989; (3) by the end of 1989, about $565 million worth of initial-year credits were awarded for the development of 236,000 low-income housing units; (4) the credit program represents the federal government's primary subsidy for encouraging low-income housing production; (5) most tax credit syndications have been conducted as public offerings, with limited partnership interests in tax-credit-eligible projects being sold to individual investors; and (6) many syndications are being conducted as direct placement, usually to corporate investors.\u003c\/p\u003e","brand":"Bibliogov","offers":[{"title":"Paperback","offer_id":47596684640407,"sku":"9781289009786","price":1428.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781289009786.webp?v=1774994758","url":"https:\/\/atlanticbooks.com\/products\/housing-low-income-housing-tax-credit-utilization-and-syndication-t-rced-90-73-9781289009786","provider":"Atlantic Books","version":"1.0","type":"link"}