Search Results for: Income Averaging
Freddie Mac | LIHTC in Middle Appalachia
Freddie Mac released this white paper,”LIHTC in Middle Appalachia,” as a part of an eight-part series highlighting use of the Low Income Housing Tax Credit program in underserved markets. The series is part of Freddie Mac’s Duty-to-Serve plan to expand rental and homeownership opportunities in historically underserved markets.
S. 3580 Seniors Affordable Housing Tax Credit Act
Senate Finance Committee member Dean Heller (R-NV) introduced the Seniors Affordable Housing Tax Credit Act, S. 3580, which would establish a tax credit for owners of multifamily rental property who agree to rent to extremely low-income seniors.
Financing Housing for Moderate-Income Families and Individuals (AC18)
Gain insight into how HFAs can better address the increasing shortage of available affordable housing options for the “missing middle.” Hear how one HFA is leading interagency efforts to invest in workforce housing. Consider new options for helping moderate-income families purchase homes. DISCUSSION LEADER Barbara Fields, Executive Director | Rhode Island Housing PARTICIPANTS Anthony Richardson, [...]
Read More... from Financing Housing for Moderate-Income Families and Individuals (AC18)
Tools and Resources to Promote Community Transformation (AC18)
Community engagement is one of the most effective ways to get people involved in the growth and development of their communities. Learn how data and information from sources such as Opportunity360 and PrezCat can inform critical communications with residents, community members, and other stakeholders. Study the National Housing Trust’s Where Will We Live and NLIHC’s Opportunity Starts at [...]
Read More... from Tools and Resources to Promote Community Transformation (AC18)
Integrating Housing and Healthcare (AC18)
Explore emerging strategies for integrating housing and healthcare, including colocation. Discuss challenges and best practices in aligning resources, funding expectations, and improving outcomes for low-income residents. DISCUSSION LEADER Margaret Salazar, Director | Oregon Housing and Community Services PARTICIPANTS Deb Burkart, National Vice President, Supportive Housing | National Equity Fund, Inc. Andy McMahon, Vice President, Health [...]
September 2018 GAO Report on Housing Credit Development Costs
GAO compiled and analyzed a database of costs and characteristics for 1,849 projects completed in 2011–2015 (the most recent data available when compiled) from 12 allocating agencies in 10 states. The agencies span five regions and accounted for about half of the Housing Credits available for award in 2015. GAO also reviewed the most recent allocating plans and related documents for 57 allocating agencies and reviewed federal requirements.
NCSHA Comments on GAO Report on Housing Credit Development Costs
NCSHA issued the following letter in response to the U.S. Government Accountability Office’s draft report on Housing Credit development costs, “Low Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.”
Development Costs and Cost Drivers in the Housing Credit Program
The Low Income Housing Tax Credit (Housing Credit) is the most important public policy that directly supports the development of desperately needed rental apartments lower-income households can afford. New research by Abt Associates, along with additional analysis by NCSHA, shows that Housing Credit-financed apartments on average cost roughly the same to develop as the typical [...]
Read More... from Development Costs and Cost Drivers in the Housing Credit Program
S. 3231 Task Force on the Impact of Affordable Housing Crisis Act
Senator Young’s bill, the Task Force on the Impact of Affordable Housing Crisis Act, establishes an 18-member task force charged with evaluating and quantifying the impact of affordable housing on other government programs and making recommendations to Congress on how to use affordable housing to improve the effectiveness of other federal programs and improve life outcomes.
