federalUnited StatesLow-Income Housing Tax Creditcasualty_and_repair

Units damaged by casualty must be restored within a reasonable period

lihtc.casualty.restoration · v1.0.0

A unit that is out of service because of casualty damage generally continues to be treated as a low-income unit if it is restored within a reasonable restoration period, subject to any applicable disaster relief.

Confidence: medium
Effective from: 2014-01-01
Last reviewed: 2026-08-22

Citations

All sources verified within 1 day

Guide for Completing Form 8823, Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition
Chapter VI, Category 11c, section C.5. Casualty Losses, printed p. 97
persuasive_agency_guidanceSource ↗verified 1d ago
Major disaster relief for LIHTC projects
Rev. Proc. 2014-49, Section 1, Purpose
binding_agency_guidanceSource ↗verified 1d ago