The Low-Income Housing Tax Credit (LIHTC) is the federal government’s primary program for encouraging the investment of private equity in the development of affordable rental housing for low-income households.
Tag: LIHTC
Chicago law firm Ginsberg Jacobs provides outlook on affordable housing
Though Congress retained the Low-Income Housing Tax Credit (LIHTC) as part of its tax policy overhaul, the decision to also lower the corporate tax...
Wind at our back
The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that...
$34.7 million affordable housing asset sale brokered by Danny Shin and Brock Zylstra
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne...
It might be time for a housing revival
On November 15, 2017, Dr. Ben Carson, Secretary of HUD, gave the keynote address at the Housing America’s Families Forum hosted by the J....
Affordable housing developers face new challenges
Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every year. “We...
Tax reform has potential to solve the housing affordability crisis
“Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive...
Solving the affordable housing crisis
MacDonald pointed to the increasing cost of complying with regulations, building material price inflation and shortages of both labor and building sites as factors...
Housing pro
Nominated for the position by President Donald Trump on April 28, Patenaude has the experience and knowledge to complement retired neurosurgeon Ben Carson, who...
The multifamily industry lost in ‘86: That can’t happen again
Not since the days of Ronald Reagan, Bill Bradley and Jack Kemp has a wholesale overhaul of America’s tax code been a serious prospect....
Time for tax reform
Not since the days of Ronald Reagan, Bill Bradley and Jack Kemp has a wholesale overhaul of America’s tax code been as seriously considered...
Doing the right thing
Former U.S. Department of Housing and Urban Development Secretary Julian Castro, U.S. Secretary of Veterans Affairs Robert A. McDonald and District of Columbia Mayor...
Financing first
Housing affordability is an issue for a growing number of the nation’s 111.1 million renters, which include people living in housing from apartments to...
What happens when affordable housing doesn’t pencil
But the amount of affordable housing that developers can build is beginning to shrink as the cost of development grows. “The number of units of...
When will affordable housing advocates push for more supply and fewer rules?
The lack of market rate supply contributes to high prices that puts market rate housing out of reach, and as long as that problem...
The art of the simplified portfolio
Would you rather have more of something worth less or less of something worth more? Execs at Denver, Colo.-based apartment REIT Aimco pondered that...
