funded debt. Funds raised through issuance of securities such a bonds. Sometimes long-term (but not short-term) loans are also called funded debt.
Alaska Housing Finance Corporation (AHFC) strives to make communities stronger by providing access to safe, quality, affordable housing, and is pleased to announce its 2015 Greater Opportunities for Affordable Living (GOAL) grants and tax credits.
Overview of the Low Income Housing Tax Credit Program (LIHTC) The Low Income Housing Tax Credit (LIHTC) program is currently the countryâs most extensive affordable housing program. The program was added to Section 42 of the Internal Revenue Code in 1986 in order to provide private owners with an incentive to create and maintain affordable housing. The LIHTC program works through a subsidy mechanism.