LIHTC Archives

California’s vast and diverse landscape leads to significant housing demand. Housing production meets only about 15 percent of the needed 3.5 million units by 2030.

California has many programs to boost affordable housing. One example is the No Place Like Home (NPLH) program, which helped fund Siskiyou Crossroads’ rural housing project in Yreka, CA.

House passage of the reconciliation bill with three Low Income Housing Tax Credit provisions included is a significant win. Yet the successful implementation of these measures hinges on adequate appropriations for HUD programs.  

A giant tulip tree in Queens has inspired The Lirio, a space for the formerly homeless and those affected by the HIV/AIDS crisis.

For decades, policymakers have recognized the intrinsic relationships between housing and health outcomes. Prioritizing housing as a social priority can consistently save communities much-needed funds and help provide long-term care for residents.

Gilbane Development Co. has saved nearly $3 million on its Barnaby & 7th project in Washington, DC, using a forward M-TEB instead of a traditional bond structure.

Economic uncertainty, a shift toward larger transactions, and alternative Community Reinvestment Act options have created a challenging environment for LIHTC deals, pushing down the price of the credits in some parts of the country, some syndicators report.

Some states have recently taken innovative measures to empower local communities and developers in constructing affordable housing projects that address the specific needs of the communities they serve.

Although the LIHTC remains a primary driver of housing production in the United States, fierce competition for credits and sustained regulatory challenges have prompted developers to seek alternative funding sources in recent years.

As the new administration plans to slash federal funding for vital food assistance programs, renters—and the affordable communities that house them—face dire consequences.

Evergreen Real Estate Group’s Rifle Apartments project in Rifle, CO will be the first family LIHTC development in Rifle in 20 years, addressing the urgent need for affordable housing in the area.

Restore-Rebuild, HUD’s rebranded Faircloth-to-RAD conversion program, seeks to streamline and integrate the RAD conversion process for PHA mixed-finance developments to increase affordable rental units in housing markets throughout the nation.