Which of the following will NOT impact the eligibility for LIHTC?

The age of household members will not directly impact the eligibility for the Low-Income Housing Tax Credit (LIHTC) program. LIHTC primarily focuses on income limits, meaning that households must meet specific income criteria relative to the area median income. While there may be age-related programs or considerations in housing, such as those specifically for seniors, the LIHTC itself is not directly concerned with the ages of individuals within a household.

In contrast, household income is a critical factor, as exceeding income limits can disqualify an applicant from receiving tax credits. The physical location of the property also plays a significant role, as the eligibility for LIHTC is closely tied to the local median income, which varies by location. Additionally, the duration of residency can impact eligibility in terms of assessing current income status and ensuring compliance with occupancy and continued eligibility standards. Therefore, age does not influence the fundamental criteria established for LIHTC eligibility in the same way that income, location, and residency duration do.