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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.
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Shelterforce’s Top 10 Stories of 2022
Background explainers, affordability restrictions, and race and belonging topped the list of our most-read pieces of the year.
Mid-Lease Rent Hikes Surprise Affordable Housing Tenants
Residents of two LIHTC developments in Northern Virginia were informed that their rent would be increasing in 30 days, even if their leases weren’t ending for months. Is this part of a larger problem?
Income Averaging Allowed LIHTC Housing to Reach More People—Will It Last?
A Trump-era policy that actually helped poor people could be dismantled by the IRS.
Unfair Market Rents: How Inflation Is Skewing FMRs
“Fair market rents” are set by HUD and used to determine how much federal assistance programs will pay toward rent. But with rental costs rising so rapidly, they aren’t keeping up.
What Happened to Those Build Back Better Housing Investments?
Build Back Better would have made huge new investments in housing. But most of what it promised isn’t going to happen. Would any housing plan have a chance of making it through Congress?
Eviction Reduction Should Be an Explicit Goal of the Low Income Housing Tax Credit Program
The largest source of subsidy for building affordable housing doesn’t come with meaningful eviction reduction requirements, or even incentives. But it could.
What Can Be Done When LIHTC Affordability Restrictions Expire?
The Low-Income Housing Tax Credit program has helped create more than 3 million affordable units across the country. But if something isn’t done soon, thousands of those homes could be lost forever as affordability periods expire.
A Once Reliable Way to Refinance Older Affordable Housing Gets Harder to Access
It had been relatively easy for a developer to get 4 percent tax credits, but that’s no longer true in many places. How is this affecting nonprofit housing developers—and could the human infrastructure bill help?
Protecting Domestic Violence Survivors From Eviction
COVID-19 has led to a surge in intimate partner violence. The Violence Against Women Act prohibits evictions of survivors simply because they have experienced violence in their homes, but such protections can be lacking in LIHTC-funded developments.
Is an Infrastructure Investment in Housing on Its Way?
The affordable housing industry considers the prospect of unprecedented funding if Biden’s housing as infrastructure plans make it through Congress.
How LISC, Enterprise Hope to Bring More Capital to Developers of Color
Two large community development intermediaries have announced major racial equity initiatives that emphasize how affordable housing gets built—and who builds it.
Chicago Changes How It Allocates Tax Credits to Improve Racial Equity
How did the Windy City expand the idea of advancing racial equity through low-income housing tax credits beyond where affordable housing is built?