LIHTC Archives

As the Trump administration implements significant changes to the funding and oversight of LIHTCs and other incentives, housing sector professionals are increasingly looking to state-level LIHTCs as stable incentives for encouraging growth and expanding affordability.

Housing supply and affordability have now been recognized as significant problems throughout the nation. The issues are vast and complex, and the solutions are expensive and controversial. The financial and political implications are widely recognized by both parties in urban, suburban, and rural communities to an extent not seen in decades.

Syndicators and investors are increasingly hiring third-party reviewers to ensure that various aspects of a project—from accessibility compliance to architectural plans—meet standards.

Housing advocates have sought tweaks to the LIHTC program that intend to bolster the number of affordable units produced each year. Those advocates succeeded in their efforts, as two essential changes were codified as part of the sprawling One Big Beautiful Bill Act (H.R. 1).

Though the LIHTC has long been a bedrock of the affordable housing industry, developers are always searching for additional products to get deals done. One such promising vehicle is preservation equity.

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.