### Question
Can you define what qualified low-income building means?


### Answer
**Qualified low-income building** is defined as the following in *26 U.S.C. § 42*:

> any building—


(A) which is part of a qualified low-income housing project at all times during the period—


(i) beginning on the 1st day in the compliance period on which such building is part of such a project, and


(ii) ending on the last day of the compliance period with respect to such building, and


  

(B) to which the amendments made by section 201(a) of the Tax Reform Act of 1986 apply

#### 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**

