Full-Time Student Rule

53 of our 60 units are LIHTC** units, and households made up entirely of full-time* students do not qualify for an LIHTC unit unless
...........-  at least 1 non-student (or guaranteed part-time student)
...........-  is in the household:  for ex., an unborn baby can qualify
...........-  as the non-student,
              OR
...........-  the household of only full-time students meets one of
...........-  the following exemptions:
......................-  married and filing a joint tax return,
......................-  single parent, child(ren) lives with you, & child(ren)
......................-  claimed on your tax return or that of the absent
......................-  parent,
......................-  formerly a foster child,
......................-  recipient of Title IV of Social Security Act
......................-  (AFDC), such as TANF (Temporary Assistance for
......................-  Needy Families),
......................-  enrolled in a job rehab program (such as Idaho
......................-  Division of Vocational Rehabilitation).

* "Full-Time" here means ...
...........-  kindergarten and up, and
...........-  if the school defines you as full-time, and
...........-  if you are enrolled as full-time for at least 5 months out
...........-  of a calendar year (and those five months do not have
...........-  to be consecutive).


**  LIHTC = Low-Income Housing Tax Credit