Student Status (Low-Income Housing Tax Credit or LIHTC Rule): Households made up entirely of full-time students generally do not qualify unless ( 1 ) of the following exceptions is met: (Proof of full/part-time student status and eligibility for LIHTC exceptions is required.)
1. All adults that are legally married and entitled to file a joint tax return.
2. At least one student is a single parent with child(ren) and this parent is not a dependent of someone else, and the child(ren) is/are not dependent(s) of someone other than a parent.
3. At least one student is receiving assistance under Title IV of the Social Security Act (i.e., Temporary Assistance to Needy Families or TANF).
4. At least one student participates in a program receiving assistance under the Workforce Innovation and Opportunity Act or under other similar federal, state, or local laws.
5. Household consists of at least one student who has formerly been under the care and placement responsibility of the state agency responsible for administering foster care.