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federalUnited StatesLow-Income Housing Tax Creditaffordability_period
An extended use agreement must be executed and recorded
lihtc.extended_use.agreement_recorded · v1.0.0
No credit is allowable unless an extended low-income housing commitment is in effect at the end of the taxable year, recorded as a restrictive covenant enforceable by the agency and by individual beneficiaries, running for at least 30 years from the start of the compliance period.
The LURA usually runs longer than the 30-year federal minimum. Use the recorded end date, not a computed one.
- Confidence
- high
- Effective from
- 1990-01-01
- Last reviewed
- 2026-08-22
Evidence required
- Land Use Restriction Agreement / Extended Use Agreement(at_least_one)
Citations
All sources verified within 1 day- Internal Revenue Code Section 42 - Low-income housing credit42(h)(6)