Per the 2022-2023 Qualified Allocation Plan, the Arizona Department of Housing (ADOH) conducted a survey of equity providers to determine appropriate investment assumptions. Based on the responses, the ranges for federal LIHTC are:
Metro $0.84 - $0.92 (any application in Maricopa or Pima County)
Rural $0.81 - $0.86 (applications in all other counties)
Tribal $0.80 - $0.85 (applications on eligible Tribal land)
State LIHTC $0.50 to $0.65 (statewide)