Types of Housing

IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis) · 2026 edition · updated 2026-07-29 · United States

The credit supports a variety of housing opportunities. The taxpayer can build new housing or rehabilitate existing buildings. The housing can be apartments, single- family housing, singleoccupancy rooms, or even transitional housing for the homeless. A building may be mixed lowincome and market-rate rental units and a portion of the building may be for commercial use. Generally, the housing must be used on a nontransient basis; i.e., an initial 6-month lease term.

Also, the housing must qualify as residential rental property; e.g., no hotels, hospitals, or nursing homes, etc.

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▸Contents — IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)

IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)

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