LITEC Is the Most You Know Rube Goldberg Method of Financing Subsidized Housing

LITEC it our low-income housing tax credits a complex subsidy system that I won't explain right now. It's basically replaced both traditional section nine public housing which is what you think about when you hear the word but words LITEC. These units are only guaranteed to be affordable for I believe 15 or 30 years depending on the situation. Sometimes it can go up to 50 55 yeah but they're be all committed.