Housing Tax Credit Program
Guide for the Development of Rental Properties

The Housing Tax Credit Program (HTC) Guide for the Development of Rental Properties manual is intended to provide a basic description and explanation of the program and the State's program criteria. It is the responsibility of the owner/developer to ensure compliance with HTC laws, regulations, contractual agreements with the corporation and all other applicable laws and regulations.

Presented here, the guide is available in Adobe Acrobat PDF format, which allows the document to be downloaded, viewed, and printed with all of its original formatting and graphics.

Cover and Table of Contents (68kb)

Part I - Tax Credit Program (80kb)

Part II - State Allocation Plan (367kb)

Part II - State Allocation Plan Exhibits (694kb)

Part III - Internal Revenue Code

Section 42 of the Internal Revenue Code (285kb)
Carryover Allocations & Other Rules (182kb)
Utility Allowance Requirements (31kb)
Guidance on Tax Credit Eligibility, IRS Ruling 90-89 (26kb)
Answers to 12 FAQs About LIHTC, IRS Ruling 91-38 (256kb)
Treatment of Full-Time Resident Manager Unit, IRS Ruling 92-61 (28kb)
Monitoring Compliance with LITHC Requirements (60kb)
Maximum Income & Rent Guidelines (160kb)
Qualified Census Tracts (24kb)
KHRC Reservation Agreement, Carryover Allocation Agreement & Restricted Use Covenant (307kb)

Disclaimer: The procedures and reporting forms herein have not been reviewed or approved by the U.S. Department of Treasury, Internal Revenue Service. The KHRC makes no representation that complying with these procedures will satisfy all IRS requirements.

Contact Information:

Fred Bentley
Rental Housing Director
611 S. Kansas Avenue, Suite 300
Topeka, Kansas 66603-3803
Phone: (785) 296-5865
Fax: (785) 296-8985

KHRC HTC Contact List