Low income housing in North Carolina: your full guide

Last updated 2026-07-09

What low income housing programs are available in North Carolina?

North Carolina has four main pathways to subsidized housing, and each works differently. Knowing which one fits your situation saves a stack of wasted applications.

The biggest program by reach is the Section 8 Housing Choice Voucher program. HUD funds it; local housing authorities run it. You get a voucher, find a private landlord who agrees to participate, and the PHA pays the difference between 30% of your adjusted gross income and the unit's rent (up to the PHA's payment standard). As of HUD's 2024 Picture of Subsidized Households, about 60,000 North Carolina households receive vouchers in any given year ^[1].

The second pathway is the Low Income Housing Tax Credit program, called LIHTC. Developers get federal tax credits from the NC Housing Finance Agency (NCHFA) in exchange for renting units at below-market rates, generally capped at 60% AMI. You apply directly to the property, not to a government office. There are more than 1,200 LIHTC properties in NC ^[2].

Public housing is the third option: units owned and managed by the PHA itself. These tend to have slightly shorter waits in smaller cities, but the inventory is shrinking as old developments get converted under HUD's Rental Assistance Demonstration (RAD) program.

The state government funds a handful of supplemental programs through NCHFA, including the NC Home Advantage Mortgage and some emergency rental assistance (ERP) funds when federal dollars are available. The state programs mostly help people bridge gaps rather than providing permanent deep subsidy.

Most people applying for the first time should chase vouchers and LIHTC at the same time. They aren't mutually exclusive.

Who qualifies for low income housing in North Carolina?

Eligibility rules vary by program, but HUD income limits are the common thread across all of them.

For the Housing Choice Voucher program, federal law under 42 U.S.C. § 1437f sets the primary threshold at 50% of Area Median Income (AMI) for your county. HUD also requires PHAs to target 75% of new vouchers to households at or below 30% AMI ^[3]. The poorest applicants get priority even within the eligible pool.

Here's what those income limits look like in practice. HUD updates them every year, usually in April. For fiscal year 2025, the 50% AMI limit for a family of four in Wake County (Raleigh metro) is roughly $52,300; in rural Bertie County it's around $32,600 ^[3]. That gap is big. Always look up your specific county.

For LIHTC apartments, properties set their own thresholds within the 60% AMI cap under Section 42 of the Internal Revenue Code. Some units in the same building are priced at 50% AMI, others at 60%, depending on how the developer structured the tax credit deal.

Other standard eligibility requirements across programs:

• You must be a U.S. citizen or have eligible immigration status (per 24 CFR Part 5, Subpart E).
• At least one household member must meet citizenship or eligible noncitizen status; mixed-status families can still receive prorated assistance.
• Certain criminal history, especially lifetime sex offender registration or methamphetamine production in federally assisted housing, results in mandatory denial under 24 CFR § 982.553.
• PHAs can set local preferences (veterans, working families, people experiencing homelessness) that bump you up the waitlist even if you're otherwise eligible ^[4].

Age and disability can also help. Elderly households (62+) and people with disabilities often qualify for specific developments and may get priority on certain waitlists. See our guide on low income senior housing if that applies to you.

How do you apply for Section 8 in North Carolina?

You apply through your local PHA, not through HUD directly. North Carolina has over 100 housing authorities, ranging from the massive Charlotte Housing Authority (now part of Inlivian) to tiny county agencies serving a few hundred families. Each has its own application portal, waitlist, and preferences.

The basic process:

1. Find a PHA covering the area where you want to live. HUD's PHA Contact List is the authoritative source ^[4]. 2. Check whether that PHA's waitlist is open. Most large-city PHAs, including Raleigh, Durham, Greensboro, and Charlotte, keep their lists closed for years at a time. 3. Submit an application during the open window. Online applications are standard now, though some rural PHAs still accept paper. 4. Once on the list, wait. Then confirm your continued interest when the PHA contacts you (failure to respond is the most common reason people get removed from lists they've been on for years). 5. When you reach the top, complete a full eligibility interview, income verification, and background check. 6. If approved, receive your voucher and start searching for a unit.

The Durham Housing Authority and Raleigh Housing Authority both use online portals and have been closed to new applicants for long stretches. Check directly with each PHA for current status, because lists can open with very little notice. VoucherReady maintains a tracker of open Section 8 waiting lists that's updated when PHAs announce openings.

One practical tip: apply to every open PHA waitlist within reasonable commuting distance, not only the one closest to your current address. You can hold multiple waitlist spots at once. Porting your voucher to another area later is possible once you've used it for at least 12 months ^[5].

For LIHTC properties, you apply directly at the leasing office or online portal for that specific development. There's no central NC database, but NCHFA publishes a searchable affordable housing directory on its website ^[2].

Which NC housing authority waitlists are open right now?

This is genuinely the hardest question to answer with precision, because waitlist status changes without much public fanfare. What follows is the honest picture as of mid-2025, with the caveat that you must verify directly with each PHA before relying on any of it.

Smaller and rural PHAs are more likely to have open or shorter lists. PHAs in areas like Albemarle, Sanford, Asheboro, Lexington, and some mountain counties have historically opened their lists more often than metro PHAs. The NC Rural Center reports that rural areas have lower median rents, which means payment standards can cover more of the actual rent, making vouchers easier to use in those markets.

The largest PHAs in the state, including Inlivian (Charlotte), Raleigh Housing Authority, Durham Housing Authority, Greensboro Housing Authority, and Winston-Salem's Housing Authority, tend to keep waitlists closed or open only briefly. When they do open, it's usually for a 1 to 5 day window, and applications number in the tens of thousands for a few hundred slots.

HUD's public data shows that average wait times nationally for vouchers exceed 2.5 years, with high-cost metros often exceeding 5 years ^[1]. NC metro areas track roughly with that national pattern.

The most reliable way to stay current: sign up for email alerts directly from each PHA you care about, follow their social media, and use a tracker like the one at open Section 8 waiting lists. Phone calls to PHA offices work too, and staff are usually willing to say whether the list is open.

What are NC's LIHTC apartments and how are they different from Section 8?

The Low Income Housing Tax Credit program and Section 8 get confused because both cap tenant rents. The mechanics are completely different.

With a voucher, the subsidy follows you. You can move to any qualifying unit anywhere in the country after 12 months. With a LIHTC apartment, the subsidy is attached to the building. If you move, you lose the below-market rent and start over.

LIHTC rent is set as a percentage of AMI, not a percentage of your income. A household earning 25% AMI can still live in a 60% AMI LIHTC unit, but the rent might eat up 70% of their income. Vouchers, by contrast, cap your rent contribution at 30% of adjusted income regardless of the market rate.

NC has received more than $100 million annually in LIHTC allocations in recent years, with NCHFA running a competitive scoring process to decide which developments get credits ^[2]. Properties built with LIHTC must stay affordable for at least 30 years under the compliance rules of Section 42 ^[12].

LIHTC apartments range widely in quality. Some are newly built, energy-efficient, and hard to tell apart from market-rate units. Others are decades old and showing wear. You apply to each property individually, waitlists can be just as long as voucher waitlists in popular areas, and there's no portability.

If you have a voucher, you can use it at a LIHTC property, as long as the rent is at or below the PHA's payment standard and the unit passes HQS inspection. That combination can work well, because LIHTC rents are often already below market.

What does rent actually cost for voucher holders in major NC cities?

Your rent contribution as a voucher holder is 30% of your adjusted monthly income, but the PHA's payment standard caps how much it will cover. Pick a unit that costs more than the payment standard and you pay the difference on top of your 30%. That extra portion is called an over-standard payment, and it can wreck a budget fast.

Payment standards are set by each PHA as a percentage of HUD's published Fair Market Rents (FMRs). HUD publishes FMRs annually in October for every metro area and non-metro county. Under 24 CFR § 982.503, PHAs can set their payment standards anywhere from 90% to 110% of FMR without HUD approval, and can go higher with approval ^[6].

Metro Area	HUD FY2025 2BR FMR	Typical PHA Payment Standard (90-110%)
Charlotte-Concord-Gastonia	$1,574	$1,417, $1,731
Raleigh-Cary	$1,700	$1,530, $1,870
Durham-Chapel Hill	$1,681	$1,513, $1,849
Greensboro-High Point	$1,160	$1,044, $1,276
Winston-Salem	$1,097	$987, $1,207
Asheville	$1,456	$1,310, $1,602
Fayetteville	$1,103	$993, $1,213
Rural (e.g., Bertie County)	$823	$741, $905

Source: HUD FY2025 Fair Market Rents ^[6]

In Raleigh and Charlotte, where rents have jumped sharply since 2020, even the 110% payment standard often falls short of actual market rents for a decent 2-bedroom unit. That's a real problem. Some PHAs have applied for HUD approval to use Small Area FMRs (SAFMRs), which vary by ZIP code and can run higher in expensive neighborhoods within the same metro. Ask your PHA whether they use metro-wide FMRs or SAFMRs.

For landlords, payment standards are basically the ceiling for what the PHA will pay on your tenant's behalf. See our rental assistance overview for how the payment flow works.

What other state programs help with affordable housing in NC?

Beyond vouchers and LIHTC, several programs fill gaps, and knowing about them can make a real difference.

NC HOME Investment Partnerships Program: This federal block grant, passed through to states under 42 U.S.C. § 12721, funds affordable rental construction and tenant-based rental assistance in NC. NCHFA and local government HOME consortia administer it. It's not widely known but produces real units.

NC Rental Assistance Programs: During and after COVID, NC deployed hundreds of millions in Emergency Rental Assistance (ERA). Those federal funds are largely gone, but NCHFA still periodically receives state appropriations for rental assistance, especially tied to disaster recovery. After Hurricane Helene hit western NC in late 2024, the state activated disaster housing assistance through FEMA and HUD's Community Development Block Grant-Disaster Recovery (CDBG-DR) framework ^[7].

NC Home Advantage Mortgage: Run by NCHFA, this is a below-market mortgage plus down payment assistance for low-to-moderate income buyers. If you're renting with a voucher and thinking about buying, some PHAs also allow Homeownership Vouchers under 24 CFR § 982.625, which lets you apply your monthly subsidy toward a mortgage instead of rent ^[8].

NC 811 Project Rental Assistance: This HUD-funded program serves non-elderly adults with disabilities, linking LIHTC units with project-based rental assistance and supportive services. NCHFA runs it ^[2].

NC 211: The NC 211 helpline connects people to local emergency assistance, utility help, and community action agencies that sometimes offer one-time rental assistance. It's not housing in the traditional sense, but it has kept people in their homes while they wait on voucher lists.

If you want the wider federal picture, our HUD housing guide covers the programs that feed into many of these state-level options.

How do landlords in North Carolina accept Section 8 vouchers?

North Carolina does not have a statewide source-of-income (SOI) anti-discrimination law as of 2025. A landlord can legally refuse to accept vouchers without violating state law. Some cities have moved toward SOI protections (Durham passed a limited ordinance), but across most of the state, participation is voluntary.

Still, plenty of NC landlords accept vouchers, and the financial case is real. The PHA pays its share directly, every month, on time. No chasing rent. Vacancy risk drops because voucher holders are highly motivated to keep their housing and pass inspections.

Here's the process for a landlord:

1. A voucher holder contacts you about a unit. You agree on a rent amount. 2. The PHA sends a Request for Tenancy Approval (RFTA) packet. You fill out the landlord portion. 3. A PHA inspector schedules an HQS (Housing Quality Standards) inspection under 24 CFR § 982.401. The unit must meet basic habitability standards: working heat, hot water, no serious code violations, functioning smoke detectors, and so on ^[9]. 4. If the unit passes, the PHA and landlord sign a Housing Assistance Payment (HAP) contract. 5. The tenant moves in; the PHA begins monthly HAP payments directly to the landlord.

Inspection is the step that trips up most new landlord participants. Minor items like peeling paint (especially in pre-1978 housing, which triggers lead paint rules), a missing outlet cover, or a window that won't lock can fail the inspection. The good news: most PHAs give you a chance to fix deficiencies and reinspect rather than killing the deal outright.

VoucherReady offers a landlord kit that walks through the RFTA paperwork, inspection checklist, and HAP contract basics, useful if you've never been through the process.

For more on the landlord side, see our guide on Section 8 houses for rent and the Go Section 8 listing platform, which many NC landlords use to advertise units to voucher holders.

Can you use your NC voucher in another county or state?

Yes, and it's more useful than most people realize. Porting is the mechanism that lets you take a voucher issued by one PHA and use it in another PHA's jurisdiction, including out of state.

The rules are in 24 CFR § 982.353 and § 982.355. After living in your initial unit for at least 12 months, you can request a portability move anywhere in the country where a PHA administers the voucher program ^[5]. Before the 12 months are up, you can still port if you're moving to be closer to a job or to escape domestic violence.

Within NC, porting between counties is common. A voucher from the Fayetteville PHA can be used in Raleigh or Asheville. The receiving PHA either absorbs the voucher (takes over administration) or bills your original PHA under the billing arrangement outlined in HUD Notice PIH 2011-03.

Out-of-state porting works the same way in theory, but some receiving PHAs have long processing delays or temporary holds on absorptions. Contact the receiving PHA before making any moving commitments.

If you're in NC and want to move out, or you have a voucher from another state and want to move to NC, our moving and porting content covers the step-by-step mechanics. The short version: start the portability request with your current PHA at least 60 days before you plan to move.

What tenant rights do voucher holders have in North Carolina?

Voucher holders have layered protections: federal rules that apply everywhere, and NC landlord-tenant law that stacks on top.

Federal protections under the voucher program:

Your landlord cannot terminate your lease without good cause during the lease term, and good cause is defined in the HAP contract, more than in state law. HUD's regulations at 24 CFR § 982.310 require that any owner termination of tenancy follow both state eviction procedures and HUD requirements ^[10]. An owner can't just hand you a note and tell you to leave.

Your PHA must give you written notice before terminating your assistance, and you have the right to an informal hearing to contest it. That's in 24 CFR § 982.555.

The federal Fair Housing Act (42 U.S.C. § 3604) protects you from discrimination based on race, color, national origin, religion, sex, disability, and familial status. The NC Fair Housing Act mirrors those federal protections and is enforced by the NC Human Relations Commission.

NC-specific tenant rights:

North Carolina's landlord-tenant law (NC General Statutes Chapter 42) gives tenants the right to habitable premises, requires 30 days written notice to terminate a month-to-month tenancy, and caps security deposits at 2 months' rent for furnished units and 1.5 months for unfurnished units ^[11].

One real gap: NC does not require just cause for eviction at the end of a lease term. When your lease expires, a landlord can decline to renew without stating a reason. Voucher holders in that spot can keep their voucher and find a new unit, but finding one fast is hard. Give yourself maximum lead time if your landlord signals they won't renew.

For the full picture, the NC Justice Center's housing legal aid resources and Legal Aid of NC are both good places to go if you're facing eviction or a landlord dispute.

How do you find available low income housing units in North Carolina?

Finding a unit that accepts your voucher, passes inspection, and rents within the payment standard is genuinely the hardest part once you have a voucher in hand. Vouchers expire (typically 60 to 120 days, with possible extensions). Miss the deadline and you lose the voucher.

Here's where to look:

Go Section 8 is the most widely used listing site among NC landlords who accept vouchers. You can filter by county, bedroom size, and payment standard range. It's not exhaustive, but it's a real starting point.

HUD's Resource Locator (resources.hud.gov) maps affordable housing properties, including LIHTC and public housing, by location ^[4].

NCHFA's affordable housing directory lists properties funded through state and federal programs the agency administers ^[2].

Local PHA websites sometimes keep their own landlord lists. The Raleigh Housing Authority and Durham Housing Authority both post participating landlord information.

Facebook groups for Section 8 housing in specific NC metro areas are surprisingly active and often have real-time availability posts from landlords.

A few practical tips. Call landlords before mentioning your voucher if you're worried about discrimination (though you're protected from being hung up on once you identify yourself in cities with SOI laws). Tour units fast; good ones go quick. Keep your voucher paperwork and your caseworker's contact info ready to send the minute you find a match.

If you've been through the housing section 8 program before, you know the search period is stressful. Extensions are sometimes available if you document good-faith search efforts; ask your caseworker before your voucher expires, not the day after.

Are there low income housing options specifically for seniors in NC?

Yes, and seniors often have an easier path to affordable housing than the general population, though easier is relative.

Section 202 Supportive Housing for the Elderly is HUD's direct program for seniors 62 and older. Properties receive capital advances and project-based rental assistance, so the subsidy is attached to the unit and residents pay 30% of their adjusted income regardless of the market rent. There are dozens of Section 202 properties across NC, from the Triangle to the mountains ^[13].

Many LIHTC properties carry a senior designation (55+ or 62+) and tend to have shorter waitlists than family properties in the same area. Demand is still high, but the applicant pool is smaller.

Public housing for elderly households is available at properties designated as elderly-only in several NC cities. The Charlotte and Raleigh housing authorities both run elderly-designated high-rise buildings.

Voucher holders who are 62 or older or who have a disability may qualify for an exception payment standard, letting the PHA approve a higher subsidy to account for accessibility needs or specific medical requirements. Worth asking about directly.

For a deeper look at the programs and the application process, our guide on low income senior housing covers Section 202, senior LIHTC, and what to ask when calling a property.

One thing nobody tells seniors: apply to Section 202 properties even if the waitlist says 2 or 3 years. Turnover at senior properties is unfortunately frequent, and lists move faster than they look.

Frequently asked questions

What is the income limit for Section 8 in North Carolina?

For most NC housing authorities, the primary income limit is 50% of Area Median Income (AMI) for your county and household size, set annually by HUD. PHAs must also prioritize 75% of new vouchers for households at 30% AMI or below. In 2025, 50% AMI for a family of four ranges from roughly $32,600 in rural counties to $52,300 in Wake County. Check HUD's income limits tool for your specific county.

How long is the Section 8 waiting list in NC?

It varies by PHA. In major metros, Charlotte, Raleigh, Durham, and Greensboro, waits commonly run 3 to 7 years when lists are open at all. Smaller and rural PHAs may have waits of 1 to 3 years. HUD data shows average national waits exceed 2.5 years. Some NC PHAs have been closed to new applicants for more than a decade. Apply to every open list in your area at once.

Does North Carolina have any open Section 8 waiting lists right now?

Waitlist status changes frequently. Rural and smaller PHAs, including those in Sanford, Albemarle, Asheboro, and several mountain counties, tend to open their lists more regularly than large metro PHAs. Check directly with each PHA or use a waitlist tracker. No third-party source has perfectly real-time data; the only authoritative answer comes from the PHA itself.

Can a landlord in North Carolina refuse to accept Section 8?

Yes, in most of NC. The state has no statewide source-of-income anti-discrimination law, so landlords can legally decline voucher holders without violating state law. Durham has a limited local ordinance offering some protection. Federal Fair Housing rules still prohibit discrimination based on race, color, religion, sex, national origin, disability, and familial status, but voucher status itself is not a protected class under federal law.

What's the difference between public housing and Section 8 in NC?

Public housing is owned and managed by the PHA; you live in a PHA-owned unit and pay reduced rent based on income. Section 8 (Housing Choice Voucher) is a subsidy you take to a private landlord of your choosing. Vouchers offer more flexibility in location and unit type. Public housing in NC is shrinking as older developments convert to project-based vouchers under HUD's RAD program.

How do LIHTC apartments work in NC and how do I find them?

Low Income Housing Tax Credit apartments are privately owned but keep rents below market because the developer received tax credits from NCHFA. Rents are capped at percentages of AMI (usually 50% or 60%), not tied to your specific income. Apply directly at each property. NCHFA's affordable housing directory at nchfa.com is the best statewide resource. If you have a voucher, you can use it at a LIHTC property too.

Can I use my NC Section 8 voucher in another state?

Yes, after 12 months of using your voucher in your initial unit, you can port it to any PHA in the country. Before 12 months, porting is still possible for job-related moves or domestic violence situations. Start the process with your issuing PHA at least 60 days before your planned move. The receiving PHA either absorbs your voucher or bills your original PHA under HUD's billing rules.

What repairs can cause a Section 8 inspection to fail in NC?

Common HQS inspection failures include peeling or deteriorating paint in pre-1978 units (triggers lead hazard rules), inoperable smoke detectors, missing or non-functional window locks, non-working heating systems, leaking plumbing, broken electrical outlets, and pest infestations. Most PHAs allow a brief period to fix deficiencies before a re-inspection rather than canceling the lease approval outright.

Are there Section 8 options specifically for people with disabilities in NC?

Yes. HUD funds Mainstream Vouchers specifically for non-elderly people with disabilities; NC PHAs receive periodic allocations of these. The NC 811 Project Rental Assistance program links LIHTC apartments with project-based rental assistance for adults with disabilities. Voucher holders with disabilities can also request exception payment standards and reasonable accommodations in the application or housing search process under the Fair Housing Act.

What happens if my landlord tries to evict me while I have a voucher in NC?

Your landlord must follow both NC eviction procedures (NC General Statutes Chapter 42) and the terms of the HAP contract. During the lease term, eviction requires good cause as defined in the contract. You can challenge an improper eviction through the courts. Your voucher is not automatically canceled by an eviction action; contact your PHA immediately if you receive an eviction notice so they can advise you on next steps and your rights.

How do I apply for emergency rental assistance in North Carolina?

Federal Emergency Rental Assistance (ERA) funds from COVID-era programs are largely exhausted. NC periodically opens new rental assistance when state appropriations or disaster recovery funds are available, particularly after natural disasters. Check NCHFA's website, call 211, and contact your local Community Action Agency. These programs are short-term and not the same as ongoing voucher assistance.

Can seniors get low income housing faster than other applicants in NC?

Sometimes. HUD's Section 202 program is exclusively for households with a member 62 or older and can have faster-moving waitlists than general family housing. Senior-designated LIHTC properties also draw from a smaller applicant pool. Many PHAs give local preferences to elderly or disabled households, which can move you up a voucher waitlist faster than waiting purely by date.

What is the NC Housing Finance Agency and what does it do?

The NC Housing Finance Agency (NCHFA) is the state agency that allocates federal Low Income Housing Tax Credits to developers, administers the HOME program, runs the NC 811 project-based rental assistance program, and manages the NC Home Advantage Mortgage for buyers. It doesn't run the voucher program directly; that's handled by individual PHAs. NCHFA's website at nchfa.com is the best starting point for state-level programs.

Is there a central place to apply for all NC affordable housing programs at once?

No. There's no single statewide portal. You apply to each PHA separately for vouchers, directly to each LIHTC property for apartments, and through NCHFA or local agencies for specific state programs. This fragmentation is a real problem for applicants. HUD's Resource Locator (resources.hud.gov) is the closest thing to a unified map of where federally assisted housing exists in NC.

Sources

1. HUD, Picture of Subsidized Households: Approximately 60,000 NC households receive Housing Choice Vouchers annually; average national voucher wait exceeds 2.5 years
2. NC Housing Finance Agency (NCHFA), main site: NCHFA allocates LIHTC credits, runs NC 811 Project Rental Assistance, and maintains an affordable housing directory for NC
3. HUD, Income Limits documentation: HUD sets 50% AMI income limits annually by county; 75% of new vouchers must go to households at or below 30% AMI per 42 U.S.C. § 1437f
4. HUD, Find a PHA / Resource Locator: HUD maintains the official PHA contact list; HUD Resource Locator maps affordable housing properties nationwide
5. Code of Federal Regulations, 24 CFR § 982.353 and § 982.355: Voucher holders may port to another PHA jurisdiction after 12 months of occupancy in their initial unit
6. HUD, Fair Market Rents documentation FY2025: HUD FY2025 2-bedroom FMRs for major NC metros: Charlotte $1,574, Raleigh $1,700, Durham $1,681, Greensboro $1,160, Winston-Salem $1,097, Asheville $1,456, Fayetteville $1,103; 24 CFR § 982.503 allows PHAs to set payment standards at 90-110% of FMR
7. HUD, CDBG-Disaster Recovery overview: HUD's CDBG-DR framework funded disaster housing assistance in NC after Hurricane Helene in 2024
8. Code of Federal Regulations, 24 CFR § 982.625: PHAs may allow Homeownership Vouchers, enabling eligible families to apply monthly subsidy toward a mortgage instead of rent
9. Code of Federal Regulations, 24 CFR § 982.401, Housing Quality Standards: HUD's Housing Quality Standards require working heat, hot water, smoke detectors, and no serious code violations; applies to all Section 8 units
10. Code of Federal Regulations, 24 CFR § 982.310, Owner termination of tenancy: Landlords must follow both state eviction procedures and HUD requirements to terminate a voucher holder's tenancy; good cause required during lease term
11. NC General Assembly, NC General Statutes Chapter 42, Landlord and Tenant: NC G.S. Chapter 42 requires habitable premises, 30-day notice for month-to-month termination, and caps security deposits at 1.5 months rent for unfurnished units
12. Internal Revenue Code Section 42, Low Income Housing Tax Credit: Section 42 of the Internal Revenue Code establishes the LIHTC program; properties must remain affordable for at least 30 years and must serve households at or below 60% AMI
13. HUD, Section 202 Supportive Housing for the Elderly program: HUD's Section 202 program provides capital advances and project-based rental assistance for properties serving households with members age 62 or older