General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
How do I find out the utility allowance on an LIHTC property?
I'm in the process of evaluating a low income housing tax credit property for potential investment. I'm having trouble estimating rent b/c its dependent on the utility allowance.
How do I found out the utility allowance for this property (or for my county/city??)? The prop is in Raleigh, North Carolina (Wake County). I'm not finding any info off Google. Or is the utility allowance dependent on the tenant's income? Would the housing authority set the utility allowance after receiving paperwork from me? Thanks in advance.