LIHTC Calculator
Calculate Low Income Housing Tax Credits for affordable housing development projects.
Development Costs
Excludes land, reserves, and non-depreciable costs
% of units for low-income tenants
Credit Structure
Total 10-Year Credits
$72,00,000
9% annual rate | Syndication: $66,24,000
Credit Analysis
Qualified Basis$80,00,000
Annual Federal Credit$7,20,000
10-Year Federal Credit$72,00,000
Equity Analysis
Permanent Debt (est.)$50,00,000
Required Equity$50,00,000
Equity from Credits$66,24,000
Equity Gap$-16,24,000
Operating Metrics
Effective Gross Income$7,60,000
Net Operating Income$4,18,000
Debt Service Coverage1.39x
Effective Credit Rate72.0%
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