Form Lhtc - Livable Home Tax Credit Program (Lhtc) Application

FORM LHTC – Tax Year 2013

Virginia Department of Housing and Community Development

Livable Home Tax Credit Program (LHTC) Application

SECTION I

(All applicants must complete)

Name

Street Address

City

State

Zip Code

Social Security Number

Tax Year

2013

Application for the Livable Home Tax Credit (LHTC) Program may be submitted upon the purchase/construction of a

qualifying residence or the completion of retrofitting activities to an existing residence but no later than February 28 of the

year after the purchase or retrofitting activities have been completed.

The Livable Home Tax Credit is the $5,000 for the purchase/construction of a new residence and 50 percent of the cost of

retrofitting activities not to exceed $5,000. Any tax credit that exceeds the eligible individual’s/licensed contractor’s tax

liability may be carried forward for up to seven years. If the total amount of tax credits issued exceeds $1million in a fiscal

year, DHCD will pro rate the amount of credits among the eligible applicants. Please see instructions for complete

details concerning eligibility, requirements and process.

Documentation must include (copies of purchase contracts, invoices, cancelled checks, construction contracts, etc.).

Supporting documentation must be attached to the application. In addition, documentation certifying that the

purchase or retrofitting activities were paid for by the applicant must be included to be eligible for the LHTC

program.

(All applicants must complete)

Date of Purchase/Construction of Property or Completion of Retrofitting

Address of Property (if different from above)

SECTION II

(Complete only if the LHTC application is related to a new residential unit)

New Residential Unit Applicants:

In order for the purchase/construction of a new residence to qualify for tax

credits it must include the three features of Universal Visitability or include at least three accessibility features and

meet the requirements of an existing standard (please see definitions). Please check visitability or accessibility

features that apply:

Universal Visitability: At least one zero-step entrance allowing access into the residence; an accessible

bathroom on the same floor as the zero-step entrance; doors with at least 32 inches of clear width and

hallways/passage ways of at least 36 inches of clear width to the accessible bathroom and eating area.

Accessible route to a zero-step entrance into the residence

Zero-step entrance into the residence

Doors with at least 32 inches of clear width

Hallways and passages with at least 36 inches of clear width

Accessible light switches, electrical outlets and environmental controls

Accessible bathroom

Accessible and useable kitchen facilities

Other: Must provide description

DHCD – FORM LHTC

Page 1 of 4

July 2013

Form Lhtc - Livable Home Tax Credit Program (Lhtc) Application - 2013

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