The Low Income Housing Tax Credit (LIHTC) provides an incentive for private, profit motivated entities to develop affordable housing. Structuring a development project to use the tax credit is complex, but may well be worthwhile. This Funding Summary provides only very brief introductory material about the tax credit. To evaluate potential tax credit funding for a specific project, perform detailed calculations, carry out the syndication process, develop a project, and then manage it, the would-be developer will want not only to learn more about the tax credit but also to acquire the services of experts such as an accountant, an attorney, and perhaps a qsyndicator.