Enterprise Report and Webinar Explore QAP Approaches to Cost-Effectiveness in Housing Credit Development
Enterprise Community Partners (Enterprise) recently released Giving Due Credit: Balancing Priorities in State Low-Income Housing Tax Credit Allocation Policies, which considers how state Housing Credit allocating agencies are advancing cost effectiveness while still developing and preserving affordable housing that is well-located, durable, sustainable, and connected to good schools, jobs, transit, and health care.
In preparing the report, Enterprise reviewed the qualified allocation plans (QAP) of Housing Credit allocating agency in all 50 states, the District of Columbia, New York City and the U.S. territories. Giving Due Credit identifies leading approaches for a series of key issues, including reducing the cost of development and preservation, creating incentives for innovative practices, and ensuring that Housing Credits produce quality, well-located homes. The report also addresses the impact of cost-related measures on affirmatively furthering fair housing, through efforts both to revitalize distressed communities and to build affordable homes in neighborhoods of opportunity.
Enterprise will host a free webinar on August 3 from 2:00 p.m. to 3:30 p.m. (Eastern time) on the results of the report. In addition to members of the Enterprise policy development and research team who helped write the report, the webinar will feature representatives from several Housing Credit allocating agencies. More online.