Although the Low-Income Housing Tax Credit Program (LIHTC) is the largest federal housing production program and the most important source of subsidy for the construction of affordable housing, little is known about the location characteristics of the housing developments funded by the program. Given...
The Low-Income Housing Tax Credit (LIHTC) program is funded by the federal government and was established as part of the 1986 Tax Reform Act. It encourages private capital and investor equity to support the development of affordable rental housing by providing tax incentives for investors.How...
Low Income Housing Tax Credit LIHTC Architects Tell us about your project and we will help you: Proven design and construction team together that understands the complex requirements of NCHFA and HUD Streamlined architecture services for 4% affordable housing rehab projects. Intimate knowledge of...
Federal Low Income Housing Tax Credit Program The federal Low-Income Housing Tax Credit (LIHTC) was created by the Tax Reform Act of 1986 to incentivize the acquisition, new construction, and rehabilitation of affordable multifamily rental housing for low and moderate-income tenants. The L...
When appraising properties in the Low-Income Housing Tax Credit (LIHTC) program, appraisers need to fully understand the property rights being appraised, the restrictions of the LIHTC program, and the potential benefits of the tax credits. While this article's primary focus is LIHTC properties in...
Since 1987, we’ve been involved with the Section 42 Low Income Housing Tax Credit program and all things Affordable Housing, earning us a reputation as an industry leader. Our proven team of professional analysts, consultants and monitors works with both state agencies and private investors, givi...
Section 8 Housing Choice Vouchers: Section 8 is a federal program that provides rental assistance to low-income households. Vouchers can be used to rent apartments, townhouses, or single-family homes from private landlords. Low Income Housing Tax Credit (LIHTC): LIHTC is a federal program th...
TheLow-Income Housing Tax Credit (LIHTC)is the federal government’s major tool for creating affordable housing. As a federal tax credit administered by states, it’s replaced HUD’s direct investment in public housing. “What most real estate owners and investors don’...
The federal Low Income Housing Tax Credit (LIHTC) program, established as part of the Tax Reform Act of 1986, is a policy tool that has the potential to contribute to inner-city revitalization. Program implementation is very complex, however, and many community-based organizations may be unable...
The LIHTC is intended to stimulate the creation of more affordable housing for low and middle-income families. The LIHTC program provides the cost-reducing tax credit in return for developers agreeing to reserve a certain percentage of rent-restricted units for lower-income families. Types of Cred...