When transferring between buildings at LIHTC sites, tenant income must be:

In the context of transferring between buildings in Low-Income Housing Tax Credit (LIHTC) sites, the correct answer emphasizes that tenant income must be below 140% of the current income limit. This is essential for maintaining compliance with the program's regulations, which focus on ensuring that tenants in affordable housing do not exceed certain income thresholds.

Transferring tenants whose incomes remain below this percentage ensures that the integrity of the LIHTC program is upheld. This threshold allows for some flexibility in housing options while still prioritizing housing for low-income households. Importantly, keeping tenant incomes below this limit helps preserve the affordability of the housing and ensures that it serves its intended purpose within the community.

In the context of the other options, setting the income requirement above 100% of the current income limit would disqualify many potential tenants from transferring and undermine the program's goal of providing affordable housing. Similarly, stating that income must be equal to or below 140% does not carry the same clear restriction necessary for compliance; it could lead to misunderstandings about allowable income levels. Lastly, a requirement that tenants have at least 60% of the area median income does not align with the intent of the LIHTC program regarding transfers between buildings, as