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portada What Happens to Low-Income Housing Tax Credit Properties at Year 15 and Beyond
Type
Physical Book
Publisher
Language
English
Pages
184
Format
Paperback
Dimensions
24.6 x 18.9 x 1.0 cm
Weight
0.34 kg.
ISBN13
9781288914319

What Happens to Low-Income Housing Tax Credit Properties at Year 15 and Beyond

Patxi Zabaleta (Author) · U. S. Dept of Housing and Urban Developm (Author) · Abt Associates Inc (Author) · Bibliogov · Paperback

What Happens to Low-Income Housing Tax Credit Properties at Year 15 and Beyond - U. S. Dept of Housing and Urban Developm ; Abt Associates Inc ; Et Al

Physical Book

£ 25.22

  • Condition: New
Origin: U.S.A. (Import costs included in the price)
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Synopsis "What Happens to Low-Income Housing Tax Credit Properties at Year 15 and Beyond"

The Low-Income Housing Tax Credit (LIHTC) program has been a significant source of new multifamily housing for a quarter century, producing more than 2 million units of affordable rental housing since 1987. In recent years, LIHTCs have provided funding for approximately one-third of all new multifamily housing units built in the United States. In the past few years, however, thousands of properties financed through LIHTC have become eligible to leave the program, ending rent and income-use restrictions. In the worst-case scenario, more than 1 million LIHTC units could leave the stock of affordable housing by 2020, a potentially serious setback to the goal of expanding housing choices for low-income households.

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