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Parking-lot view of an apartment building in the "5 over 1" style, with a gray exterior at the bottom, the third- and fourth-floor exteriors in bright red, and a lighter gray top level, for a horizontal stripe effect. An end unit is all white, and the row of windows is broken by one projecting all-glass section. To the right of the building is a terrace area with umbrellas and a gathering of people.
Opinion

Nonprofit Housing Developers Deserve Better LIHTC Terms

When it comes to LIHTC deals, nonprofit developers don’t get the same advantages big, for-profit developers do. A new fund is setting out to change that.

Distant aerial view of Hollywood sign, a famous landmark in the Santa Monica Mountains, in Los Angeles, California. On both sides of the ridge, the ground is thickly settled with buildings.
Opinion

Why Don’t California’s Nonprofit Housers Embrace Social Housing?

Attachment to tax credits, which can’t provide as much housing as we need, is keeping the much-needed expertise of nonprofit developers out of conversations about alternatives.

LIHTC

LIHTC: Are Little Changes Enough? A Shelterforce Webinar

There are reforms and expansions of Low-Income Housing Tax Credit afoot. But some in the field argue that we need to change the tax credit model of financing housing more deeply—or move away from it entirely. Join scholars and organizers as they discuss these issues and explore a path forward.

Westerly Creek development
Affordability

How Are LIHTC Rents Set—And Why Can’t So Many Renters Afford Them?

This video breaks down the LIHTC rent-setting process, and shows the surprising number of people it doesn’t serve.

Close up view of rock, scissors, and a sheet of white paper on a red table or desk. The rock is oval gray rock with a band of white quartz through it, the scissors have purple plastic grips and metal blades. The scissors are positioned such that they appear to have just cut the paper, and the rock is resting on the paper, half concealed by a portion of it.
Opinion

Legitimate Debate or Short-Sighted Complaints? 5 Reasons Affordable Housing Is Expensive to Build

There’s no denying that affordable housing can be expensive to build. But we need to look at the long-term benefits of those investments to see the bigger picture.

A collage of photos from stories that appeared on Shelterforce, with 2023 etched in the center.
Community Development Field

Shelterforce’s Top 10 Stories of 2023

What were the biggest Shelterforce stories of the year? We count down the top 10 of 2023.

Concept bold thinking—individual red paper plane flies in different direction in contrast to crowd of ordinary white planes
Opinion

How to Really Reform the Low-Income Housing Tax Credit Program

Adding more credits and making tweaks do not actually address some of the major weaknesses of the program. We should be bolder.

A row of 26 people of varying ages and skin tones stand in front of a pink building with a large archway leading to a plaza or park with trees. Many of the people are wearing ID tags on lanyards and all are smiling.
Opinion

How We Can Bring Vienna’s Housing Model to the U.S.

Legislators visited Vienna to learn about the city’s social housing program. Here’s how they say their states’ housing crises would benefit from similar policies.

Graffiti of green housing overlapping each other.
Reported Article

The Only Tool in the Box: What It Means That LIHTC Dominates Affordable Housing

Even those who praise the tax credit program and what it has accomplished are concerned that there are so few sizeable alternatives to it.

Close-up of document titled "Rent Increase Notice." Text is partly hidden by a blue and silver ballpoint pen. Visible text says "...inform you that beginning on ____ .... increase by $_____. No other ..... to original rental agreement.... monthly payment is due on the first...."
Reported Article

How Tenant Activists Won Protections Against Mid-Lease Rent Hikes in Affordable Housing

Last year, we reported on tenants in Northern Virginia LIHTC properties whose rents were raised in the middle of their leases. Here’s how other states have banned the practice.

Explainers

LIHTC for Regular People

The Low-Income Housing Tax Credit is famously complex. We can’t exactly make it simple, but we’ve broken down the basics, especially those that residents of a LIHTC property might want to know, as clearly as possible.

Three men in work clothes including helmets and tool belts stand on scaffolding. It looks as though the scaffolding is standing alone but it is erected against a white building, creating that effect.
Reported Article

How to Reform the Low-Income Housing Tax Credit Program

Housing and policy experts agree that LIHTC has successfully increased the supply of affordable housing. But they also believe there’s room for improvement.