{"product_id":"housing-low-income-housing-tax-credit-utilization-and-syndication-t-rced-90-73-9781289009786","title":"Housing: Low-Income Housing Tax Credit Utilization and Syndication: T-Rced-90-73","description":"GAO discussed low-income housing tax credit utilization and syndication. GAO found that: (1) tax credits are intended to induce investors to supply equity for low-income housing; (2) tax credit use increased from 20 percent in 1987 to 98 percent in 1989; (3) by the end of 1989, about $565 million worth of initial-year credits were awarded for the development of 236,000 low-income housing units; (4) the credit program represents the federal government's primary subsidy for encouraging low-income housing production; (5) most tax credit syndications have been conducted as public offerings, with limited partnership interests in tax-credit-eligible projects being sold to individual investors; and (6) many syndications are being conducted as direct placement, usually to corporate investors.\u003cbr\u003e","brand":"Bibliogov","offers":[{"title":"Default Title","offer_id":50849496498450,"sku":"9781289009786","price":14.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_f6511a61-0cca-4a31-b12f-e6c2a59ad18f.jpg?v=1737397724","url":"https:\/\/surprise-castle.myshopify.com\/products\/housing-low-income-housing-tax-credit-utilization-and-syndication-t-rced-90-73-9781289009786","provider":"Surprise Castle","version":"1.0","type":"link"}