by AAHA | Aug 14, 2013 | articles
Sen. Maria Cantwell (D-Wash.) has introduced a bill to make permanent the fixed rate for 9 percent low-income housing tax credits and to establish a minimum 4 percent rate for the acquisition of existing housing. Read original article here.
by AAHA | Aug 14, 2013 | articles
As Congress considers comprehensive tax reform, rural affordable housing advocates are making sure legislators understand the worth of the most important program to produce new affordable housing in rural areas: the federal low-income housing tax credit (LIHTC). Read...
by AAHA | Jan 11, 2013 | articles
From: Affordable Housing Finance 2013 Posted on: January 3, 2013 By Peter Lawrence, Emily Cadik The new year began with a major victory for the low-income housing tax credit (LIHTC). Congress’ fiscal cliff package, agreed upon late Jan. 1, included an extension of the...
by AAHA | Dec 11, 2012 | articles
The low-income housing tax credit (LIHTC) is the most successful federal program for the production and preservation of affordable housing. Established in 1986, it has financed 2.5 million units of affordable housing across the country from the heartland to the...
by AAHA | Dec 11, 2012 | articles
THERE WERE 46.2 MILLION PEOPLE IN POVERTY IN 2011, A 15 PERCENT POVERTY RATE FOR THE NATION. The Great Recession has taken a toll on many households across the nation. Millions of working families, seniors, veterans, and the disabled have severe cost burdens and need...