Posts by Kelsi Borland

3 Low-Income Housing Tax Credit (LIHTC)Trends Developers Need to Know

Low-income housing tax credits (LIHTC) are the backbone of affordable housing development. The longstanding government program has helped to create opportunities to develop new affordable housing by providing tax credits that offset affordable rental rates. In light of the national housing crisis—the National Low-Income Housing Coalition estimates that there is a shortage of 7.3 million affordable housing units—developers have shown a renewed interest in the LIHTC program. Thankfully, the...