Low Income Housing Tax Credits & Cost Containment in Connecticut, 2018

To encourage cost effective construction, Connecticut's 2018 QAP has established limits on the dollar amount of construction costs

Cost Containment

The Connecticut 2018 QAP awards points to the highest ranking SSHP development application that has an aggregate allocation need of annual LIHTCs not to exceed $1.2 million. SSHP developments must be eligible to apply. Existing SSHP developments that propose an expansion are eligible only if such expansion provides net new units of non-age restricted housing containing two or more bedrooms. 3 Points

If two projects have equal scores, the Authority has listed a series of tie breakers, which will be considered in order. The second tie breaker is: Lowest credit per unit;

Contributed By: 
National Housing Trust