LIHTC Archives

Over the past several years, HUD has been rolling out updates to Sections 102 and 204 of the Housing Opportunity Through Modernization Act (HOTMA), pushing back deadlines that require affordable housing property managers to pivot in their tenant certification practices.

In an affordable housing landscape where optimism and creative solutions are more important than ever, private activity bond (PAB) volume recycling can be an attractive device for developers competing in an oversubscribed bond market.

Despite an intricate and sometimes lengthy process, obtaining a favorable credit rating can provide immense benefits for public housing authorities.

At NH&RA’s Summer Institute in Boulder, CO, questions about the current administration’s impact on the affordable housing industry dominated the discussion. But there were also valuable talks centered on new building practices that exemplify the industry’s history of resilience and innovation.

Since 2008, HUD-VASH has acted as a bulwark against veteran homelessness.
Because it serves a uniquely complex sub-group of America’s homeless population and is likewise composed of a uniquely complex development application and approval process, this presents a singular set of robust incentives, and potential challenges, for prospective developers.

St. Bernard Circle Apartments in New Orleans is another piece of an expansive HUD Choice Neighborhoods Initiative (CNI) grant to revitalize public housing in the city. With the use of resiliency standards for hurricanes and flooding, project developers aim to ensure the housing remains for a long time.

Adaptive reuse can be a greener, less expensive, and more attractive alternative to new construction. For cities with a glut of older buildings, renovating and repurposing those structures can be an enticing way for politicians and planning officials to lessen a housing crisis.

The unease that gripped the LIHTC investor market earlier this year—following a new administration and some uncertainty in Washington—has started to lift, according to industry syndicators. The market is further buoyed by the continued legislative advance of the AHCIA.

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.