Field Guide to Low-Income Housing Tax Credits
(Updated December 2015)
The Low-Income Housing Tax Credit (LIHTC) program is run by the IRS and allows companies to invest in low-income housing, while receiving 10 years of tax credits. This important program works with state housing finance agencies to administer the program on a state level. Housing credit units are privately owned by developers and are run at a profit. Investigate this complex program by reading the articles below. (A. Siudzinski, Senior Library Information Specialist)
Source: Low Income Housing Tax Credit (LIHTC) in 3 Minutes (Video), (CEDAM, Feb. 18, 2014).
Q - ProQuest articles available for NAR members only. Password can be found on the ProQuest/Find Articles page.
Congress approves permanent minimum rate for LIHTCs, (Affordable Housing Finance, Dec. 18, 2015).
Can multifamily developers fix the affordable housing problem?, (Bisnow, Dec. 4, 2015).
Six NH projects awarded Low Income Housing Tax Credits, (NH Business Review, Dec. 3, 2015).
Steady stream of capital continues to flow in LIHTC market, (Affordable Housing Finance, Nov. 9, 2015).
Thriving through tax reform, (Journal of Tax Credits, Nov. 2014).
How low-income housing tax credits work, (The Des Moines Register, Aug. 16, 2014).
Low-income housing tax credits: affordable housing investment opportunities for banks, (Office of the Comptroller of the Currency, Mar. 2014).
LIHTC Basics, (United States Department of Housing and Urban Development, n.d).
Case Studies & Success Stories
Tax credits will enable creation of affordable housing, (Bedford Journal, Dec. 19, 2015).
Forest Park Southeast project gets housing tax credits, (St. Louis Post-Dispatch, Dec. 14, 2015).
Governor Cuomo announces $11 million for three affordable housing developments, (RealEstateRama, Dec. 9, 2015).
Boston Capital invests in 2 Maryland properties, (Affordable Housing Finance, Dec. 3, 2015).
Low-income housing depends on Housing Tax Credit, (Las Vegas Review-Journal, June 11, 2015).
The Low-Income Housing Tax Credit Program: A Performance Update Analysis, (Cohn Reznick, Nov. 2014).
Two new affordable housing communities open in Fort Myers, (Naples Daily News, Nov. 7, 2014).
St. John Baptist completes 49 townhomes in Fruit Belt, (Buffalo Business First, Nov. 3, 3014).
301 recast affordable-housing units bow in N. Britain, (Hartford Business, Oct. 27, 2014).
Enterprise makes $6M tax credit investment to preserve Philly affordable properties, (MHN Online, Oct. 24, 2014).
eBooks & Other Resources
Books, Videos, Research Reports & More
The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.
Recent financing developments relating to affordable housing, mark-to-market, Section 8 vouchers, FHA insurance and low income housing tax credits, (The Real Estate Finance Journal, Winter 2004, p. 18-24).
Recent study sheds light on low-income housing tax credits, (Real Estate Forum, June 2002, p. 70).
Low-income housing tax credit, (Urban Land, Nov. 1997, p. 48-51+).
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