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Difficult Development Areas and Qualified Census Tracts for 2015

HUD recently issued the following notice which designates Difficult Development Areas’ (DDAs) and Qualified Census Tracts (QCTs) for purposes of the Low-Income Housing Tax Credit (LIHTC). HUD makes new DDA designations annually and is making new designation of QCTs at this time to incorporate more recent income and poverty measures. These 2015 metropolitan DDA designations will be the last designated for entire metropolitan areas. Beginning with the 2016 DDA designations, metropolitan DDAs will use Small Area Fair Market Rents (FMRs), rather than metropolitan-area FMRs, for designating metropolitan DDAs.

To view this notice, please click here

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