Regulacje i polityka gospodarcza · 9.12.1998

Statutorily Mandated Designation of Difficult Development Areas, and Supplemental Designation of Qualified Census Tracts, for Section 42 of the Internal Revenue Code of 1986

This document designates ``Difficult Development Areas'' and supplemental ``Qualified Census Tracts'' for purposes of the Low-Income Housing Tax Credit (``LIHTC'') under section 42 of the Internal Revenue Code of 1986. The United States Department of Housing and Urban Development (``HUD'') makes new Difficult Development Area designations annually and makes supplemental designations of Qualified Census Tracts at this time because of recent legislation. The corrected designations of ``Qualified Census Tracts'' under section 42 of the Internal Revenue Code published May 1, 1995 (60 FR 21246), as amended by the supplemental designations of ``Qualified Census Tracts'' under section 42 of the Internal Revenue Code published June 25, 1998 (63 FR 34748), are not affected by this Notice.