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California Form 3521 Low Income Housing Credit

California Form 3521 Low Income Housing Credit

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Instructions and help about California Form 3521 Low Income Housing Credit

welcome to county office your ultimate guide to local government services and public records let's get started what is affordable housing in California well let's dive right into the sunny palm tree lined world of affordable housing in California affordable housing as defined by the US Department of Housing and Urban Development H is housing that costs no more than 30% of a household's growth income that includes rent or mortgage payments utilities and taxes in the Golden State affordable housing is as precious as gold itself with the median home price hovering around $600,000 and the average rent for a one-bedroom apartment at about $2,000 it's clear that affordable housing is a hot commodity but fear not California has several affordable housing programs in place for instance the lowincome housing tax credit lihtc program incentivizes private sector investment in affordable housing the state also has the California Housing Finance Agency Cal HFA that o

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