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As LIHTC investor, you will receive $ 5 0 0 , 0 0 0 tax credits per year. The affordable housing project makes $ 4

As LIHTC investor, you will receive $

500, 000

tax credits per year. The affordable housing project makes $

400, 000

loss due to depreciation, interest, and other charges. The marginal tax rate for your company is

25 % .

What is the total annual benefit of investing in the LIHTC

-

funded affordable housing project?

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