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The Tuscany at Lakepointe is a community of affordable
apartment homes built under Section 42 of the
Internal Revenue Code with
provides tax credits to investors who build or invest in affordable
housing.
Section 42 of the Internal Revenue Code give developers
the ability and opportunity to create high-quality housing at more
affordable rents than comparable communities. When you lease an apartment
that has been built under the joint effort by private industry and the
federal government, you benefit by paying a more affordable rent
than the market rate.
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