(LIHTC) California Low-Income Housing Tax Credit Exam Practice Test
LIHTC Overview of California Low-Income Housing Tax Credit Program
What is the main purpose of the Low-Income Housing Tax Credit (LIHTC) program in California?
Select your answer
A
To increase luxury housing.
B
To promote affordable housing development
C
To reduce housing taxes for all homeowners.
D
To fund commercial real estate projects.
Hint