​​ CHFA eNews: Multifamily
chfa enews - multifamily loan compliance 
February 23, 2016

basic allowance for hou​sing (bah) in qualified military installation areas

If your 4 percent or 9 percent LIHTC property is located in a Qualified Military Installation (QMI) area, you will now be able to exclude military personnel’s BAH payments from their household income calculation, due to the passage of the American Taxpayer Relief Act.

Effective immediately, LIHTC properties in the following QMI areas can exclude BAH when determining annual income permanently.
  • Douglas
  • El Paso
  • Elbert
  • Fremont
  • Lincoln
  • Pueblo
  • Teller
All other LIHTC properties must include BAH when determining annual income for all households.

To learn more, click here.




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