FAQ for LIHTC / Tax Credit Tenants

Below are some common questions asked by LIHTC Section 42 tenants and prospective residents: My landlord at a tax credit housing (LIHTC Section 42) property just raised my rent, but my income did not increase.  Is that allowed? LIHTC rents are NOT determined by your individual income. It is possible for your rent to increase even though your income did not go up. Rents at tax credit properties are determined…