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federalUnited StatesLow-Income Housing Tax Creditlease
Low-income units must be rented on a non-transient basis with a minimum six-month initial lease
lihtc.lease.minimum_term_non_transient · v1.0.0
A residential unit is not a low-income unit if it is used on a transient basis. The initial lease term must be at least six months, except for units in qualifying transitional housing for the homeless or single-room occupancy housing.
- Confidence
- high
- Effective from
- 1990-01-01
- Last reviewed
- 2026-08-22
Evidence required
- Executed lease agreement(exactly_one)
Citations
All sources verified within 1 day- Internal Revenue Code Section 42 - Low-income housing credit42(i)(3)(B)