What does the General Public Use requirement for LIHTC specify?

The General Public Use requirement for Low-Income Housing Tax Credit (LIHTC) projects stipulates that rental units must be available for use by the general public. This means that the units cannot be restricted or limited to specific groups or organizations; rather, they should be accessible to anyone looking for affordable housing that meets the designated income criteria.

This requirement helps ensure that the benefits of the LIHTC program are widely distributed and contribute to broader community goals of providing affordable housing options for low-income individuals and families. By being available to the general public, these rental units support the program's aim of alleviating housing shortages in diverse communities.

The other options, while related to rental policies, do not align with the General Public Use requirement. Exclusively renting to low-income families, limiting rentals to government employees, or restricting units to specific non-profit organizations contradicts the necessity for units to be available to the community at large, which is the essence of this requirement.