Tax Credits: The Use of Tenant-Based Assistance in Tax-Credit-Supported Properties

Pursuant to a congressional request, GAO provided information on several issues that the Department of Housing and Urban Development's Office of Policy Development and Research is studying in connection with the Low-Income Housing Tax Credit program, focusing on: (1) the number of properties and households that received rental assistance through the program; (2) the characteristics of households that received tenant-based rental assistance, property-based rental assistance, and no rental assistance; and (3) properties in which at least one household received tenant-based rental assistance.