LIHTC Archives

The Affordable Housing Credit Improvement Act achieved a major milestone – 200 co-sponsors within the House of Representatives (H.R. 3238).

In May 2023, the Department of Housing and Urban Development (HUD) published guidelines related to its Green and Resilient Retrofit Program (GRRP).

In the nearly four decades since its creation, the Low Income Housing Tax Credit (LIHTC) has become a critical engine for creating affordable multifamily housing in the United States.

Every year, state housing finance agencies are allocated millions of dollars to help fund affordable housing through the Low Income Housing Tax Credit program.

Faith-based affordable housing development is on the rise, and a good example of it can be found in Tacoma, WA where Shiloh Baptist Church is turning two parcels of land it owns into 60 units of housing for vulnerable populations.

Over the last two decades, a workforce housing shift has occurred in the many resort towns and communities across the United States.

In affordable housing and community development, nothing seems to captivate planners, developers, community advocates and government officials more than a proposed mixed-use development.

Since the Briscoe School in Beverly, MA was a functioning educational facility as recently as 2018, it is likely that at least some of the seniors soon to be living in its adaptive reuse as housing will have memories of learning the Three Rs there (reading, wRiting and aRithmetic).

As skyrocketing construction costs and increasing interest rates have driven the need for more capital, affordable housing developers are expressing an increased interest in the master lease pass-through structure in deals involving a combination of Low Income Housing Tax Credits (LIHTC) and Historic Tax Credits (HTC).

Tony Bertoldi has devoted nearly three decades to the affordable housing business and currently serves as co-president at CREA, LLC, a national Low Income Housing Tax Credit syndicator, where he and his team manage all investment funds and investor relationships.

An initiative by the National Council of State Housing Agencies (NCSHA) aims to expand the financing of affordable housing by creating partnerships between state financing agencies and healthcare systems.

Charles Dickens’ character Scrooge defined British attitudes towards housing the poor in the 19th century with a dismissive “Are there no prisons? Are there no workhouses?”