What is a Section 42?

Felix Wilson | 2023-06-13 10:27:51 | page views:1547
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Sophia Turner

Studied at University of Oxford, Lives in Oxford, UK
The Section 42 housing program refers to that section of the Internal Revenue Tax Code which provides tax credits to investors who build affordable housing. Investors receive a reduction in their tax liability in return for providing affordable housing to people with fixed or lower income.
2023-06-15 10:27:51

Lucas Patel

QuesHub.com delivers expert answers and knowledge to you.
The Section 42 housing program refers to that section of the Internal Revenue Tax Code which provides tax credits to investors who build affordable housing. Investors receive a reduction in their tax liability in return for providing affordable housing to people with fixed or lower income.
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