Katelynn Harris Walker: Navigating LIHTC Equity–Challenges, Solutions, and the Road Ahead

The Low-Income Housing Tax Credit (LIHTC) program has long been one of the most important tools for creating affordable housing across the United States. However, recent years have seen significant challenges in ensuring the equitable distribution of LIHTC equity, raising concerns among developers, investors, and policymakers alike.

Bob Broeksmit Lays Out Important Items on MBA’s Radar to Kick Off National Advocacy Conference

WASHINGTON–As Mortgage Bankers Association members take to the nation’s capital–and U.S. Capitol Building–to share the industry’s story with lawmakers and hear from legislative stakeholders via the National Advocacy Conference, key policy and regulatory topics such as Basel III endgame, housing supply and HUD Secretary Marcia Fudge stepping down are top of mind.

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“A fear has been that LIHTC properties would simply jack up rents to the top of the market at the expiration of their rent and income restrictions, generally about 30 years, but that’s not usually the case.”

–Steve Guggenmos, Vice President of Research & Modeling with Freddie Mac, McLean, Va.

Nov. 30: Rental Housing Perspectives: Low-Income Housing Tax Credit Landscape

Government tax-incentive programs for multifamily affordable housing create an opportunity set for investors, developers and lenders. In particular, the syndication of Low-Income Housing Tax Credits is a fundamental tool which contributes to the development of new affordable housing as well as the rehabilitation of existing affordable housing.

Affordable Housing Vacancy Rates Remain Tight

The national vacancy rate for Low-Income Housing Tax Credit-supported affordable housing dipped 0.1 percent in the second quarter to 2.5 percent, said Moody’s Analytics REIS, New York.