Five Compliance Differences Between Managing Mixed-Income and 100 Percent Buildings

Every tax credit building you manage is either a “mixed-income building” or a “100 percent building.” If it's a mixed-income building, you can rent units to both low-income and market-rate households. However, if your building is a 100 percent building—or, in other words, your first-year fraction is 100 percent—you must rent all the units in your building to qualified low-income households.