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Bang per Buck of Low-Income Housing Tax Credits? Suppose you incur a cost of $200,000 to build a low-income housing that qualifies for the low-income

Bang per Buck of Low-Income Housing Tax Credits?

Suppose you incur a cost of $200,000 to build a low-income housing that qualifies for the low-income housing tax credit.

a. Over the period that generates an annual tax credit, your total tax credit is $[____]

b. Based on Quigley's results, the market value of the house is $[_____].

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