Form 8609
(Rev. May 2018)
Department of the Treasury
Internal Revenue Service
Low-Income Housing Credit Allocation
and Certification
▶
Go to www.irs.gov/Form8609 for instructions and the latest information.
OMB No. 1545-0988
Part I
Allocation of Credit
Check if: Addition to Qualified Basis Amended Form
A Address of building (do not use P.O. box) (see instructions) B Name and address of housing credit agency
C Name, address, and TIN of building owner receiving allocation
TIN
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D Employer identification number of agency
E Building identification number (BIN)
1 a
Date of allocation
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b Maximum housing credit dollar amount allowable .
1b
2 Maximum applicable credit percentage allowable (see instructions) . . . . . . . . . .
2
%
3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . .
3a
b
Check here
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if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(B). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . . . . . . . . . . . . . . .
3b
1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter -0-.) . . .
4 %
5
Date building placed in service . . . . . . . . . . . . . . . .
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6 Check the boxes that describe the allocation for the building (check those that apply):
a
Newly constructed and federally subsidized b Newly constructed and not federally subsidized c Existing building
d
Sec. 42(e) rehabilitation expenditures federally subsidized
e
Sec. 42(e) rehabilitation expenditures not federally subsidized
f Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official—Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code, and
that I have examined this form and to the best of my knowledge and belief, the information is true, correct, and complete.
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Signature of authorized official
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Name (please type or print)
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Date
Part II
First-Year Certification—Completed by Building Owners with respect to the First Year of the Credit Period
7 Eligible basis of building (see instructions) . . . . . . . . . . . . . . . . . .
7
8a Original qualified basis of the building at close of first year of credit period . . . . . . . 8a
b
Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section 42(i)(2)(B)?
Yes No
b
For market-rate units above the average quality standards of low-income units in the building, do you elect
to reduce eligible basis by disproportionate costs of non-low-income units under section 42(d)(3)(B)? .
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Yes No
10 Check the appropriate box for each election.
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1))
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Yes No
b Elect not to treat large partnership as taxpayer (section 42(j)(5))
. . . . . . . . . .
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Yes
c
Elect minimum set-aside requirement (section 42(g)) (see instructions):
20-50 40-60 Average income 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) . . . . . . . . .
15-40
Under penalties of perjury, I declare that I have examined this form and accompanying attachments, and to the best of my knowledge and belief, they
are true, correct, and complete.
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Signature
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Taxpayer identification number
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Date
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Name (please type or print)
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First year of the credit period
For Privacy Act and Paperwork Reduction Act Notice, see separate instructions.
Cat. No. 63981U
Form 8609 (Rev. 05-2018)
