A report by the National Housing Trust (NHT) and Energy Efficiency For All (EEFA) identifies 10 prominent strategies in use by state Housing Finance Agencies (HFAs) to reduce operating expenses in Low-Income Housing Tax Credit (Housing Credit) properties.
To evaluate whether those changes had their intended effect, New Jersey Future compared affordable housing projects that received federal Low-Income Housing Tax Credits (LIHTC) between 2005 and 2012 with projects that received credits between 2013 and 2015, after the New Jersey Housing and Mortgage Finance Agency (NJHMFA), which administers the tax credits, made significant changes to the criteria it uses to award them.
As federal tax reform looms, there is growing uncertainty surrounding the future of LIHTC. In contemplation of debate about these possible changes, this NYU Furman Center brief explores what we know about who LIHTC serves and what research has shown about the impact of the program.
A 2014 National Low Income Housing Coalition report that breaks down LIHTC properties in five states to analyze how the needs of extremely low income households are being met by federal housing programs.