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LIHTC Update: 2021 Difficult Development Areas and Qualified Census Tracts Released

29 September 2020
 September 29, 2020
Category Industry News, News

HUD published its 2021 Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs), effective for allocations of credit or bonds issued after December 31, 2020. HUD is required to annually designate DDAs, which are areas with high construction, land, and utility costs relative to area median gross income, and QCTs, which are areas either in which 50% or more of the households have an income which is less than 60% of the area median gross income or which have a poverty rate of at least 25%. For more information on DDAs and QCTs, please click here. To read the attached Federal Register Notice online, please click here

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