### Question
How is the term federally-assisted building defined?


### Answer
The term **federally-assisted building** is defined in *26 U.S.C. § 42* as the following:

> any building which is substantially assisted, financed, or operated under—


(i) section 8 of the United States Housing Act of 1937,


(ii) section 221(d)(3) or 236 of the National Housing Act, or


(iii) section 515 of the Housing Act of 1949,


  

as such Acts are in effect on the date of the enactment of the Tax Reform Act of 1986

#### Citation:
  - *26 U.S.C. § 42*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart D-Business Related Credits**

