Land Use & Zoning
A housing project that receives Low Income Housing Tax Credits (LIHTC) in Utah must maintain income-restricted units for:
A5 years
BA minimum compliance period of 15 years, with an extended use period of at least 30 years✓ Correct
C10 years
DOnly as long as the original developer owns the property
Explanation
LIHTC-financed properties must maintain income and rent restrictions for a minimum compliance period of 15 years plus an extended use agreement of at least 15 additional years (30 years total) to preserve affordability.
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