LIHTC

The results benefit residents, neighbors, and the organizations themselves.

Shelterforce’s Shelby R. King participated in a virtual forum, “Prospects for Affordable Housing Under the Trump Administration,” on Thursday, July 31.

The law raises funding for LIHTC, but steep cuts to social programs will more than outweigh the benefits. Here’s a look at what’s in the tax law, along with a second bill that would slash housing funding if passed.

The tax bill includes a significant expansion of the Low-Income Housing Tax Credit. However, its other provisions, especially cuts to Medicaid and SNAP, are so harmful that the affordable housing field should not be celebrating.

In Springfield, Missouri, organized tenants have filed a lawsuit against the past and present owners of their tax credit–financed properties, claiming that in exercising an opt-out provision they violated both state and federal requirements.

Affordable housing and neighborhood investment programs are closely tied to banking and the Treasury Department. What is the incoming administration’s attitude toward some key financial regulations, and how easy would it be for them to enact changes?

What are the root causes of the housing crisis and how can we address them?

Some state finance agencies are using qualified allocation plans, or QAPs, to extend affordability of LIHTC housing beyond 30 years and increase tenant protections. Here’s a look at where it’s happening.

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.

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.

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.

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