Tag: LIHTC

Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Filed in Capitol Hill, Multifamily by on October 17, 2018 0 Comments
Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Sen. Dean Heller (R-Nev) on Oct. 11 introduced the Seniors Affordable Housing Tax Credit Act (S. 3580), legislation that would provide tax credits to building owners who lease units to low-income seniors.

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GAO Report on LIHTC Finds Wide Range in Median Construction Costs

Filed in Capitol Hill, Multifamily by on September 18, 2018 0 Comments
GAO Report on LIHTC Finds Wide Range in Median Construction Costs

The Government Accountability Office (GAO) today released its long-anticipated report on Low Income Housing Tax Credit (LIHTC) development costs. This is the third GAO report examining the LIHTC, stemming from a request by Senate Judiciary Chairman Chuck Grassley (R-Iowa) to examine the cost-efficiency and effectiveness of the housing tax credit.

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Democrats Introduce Several Tax Bills Focusing on Affordable Housing

Filed in Capitol Hill by on August 16, 2018 5 Comments
Democrats Introduce Several Tax Bills Focusing on Affordable Housing

In the final days prior to the start of the traditional August congressional recess, Democrats in the House and Senate have put the spotlight on the affordable rental housing crisis by introducing a number of new bills.

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More Ways to Discover Affordable Housing Development Opportunities

More Ways to Discover Affordable Housing Development Opportunities

NAHB has added six new cities to its exclusive series of maps detailing metro areas where the Low Income Housing Tax Credit (LIHTC) is used to develop new affordable homes. Members can use these maps to better understand the distribution of LIHTC housing in select metropolitan areas and identify where additional housing may be needed.

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Gothic Drama + Modern Lofts = Mixed-Use Success

Filed in Awards, Multifamily by on June 6, 2018 0 Comments
Gothic Drama + Modern Lofts = Mixed-Use Success

The Arcade, a 100-year-old office and retail block, stood empty in downtown St. Louis for 30 years. The roof had been neglected and water had streamed throughout the buildings, with the worst damage on the upper levels. Today, it’s a successful rental apartment building and Pillars of the Industry award winner.

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Missed Opportunity for LIHTC on Budget Accord

Filed in Capitol Hill, Multifamily by on March 22, 2018 1 Comment
Missed Opportunity for LIHTC on Budget Accord

Republican and Democrat leaders struck a deal yesterday on a $1.3 trillion omnibus spending package that missed a golden opportunity to significantly strengthen the Low Income Housing Tax Credit program.

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Understanding LIHTC Verification Requirements

Filed in Education, Multifamily by on March 7, 2018 0 Comments
Understanding LIHTC Verification Requirements

Join speaker Amanda Lee Gross, director of compliance training for E&A Team Inc., as she looks closely into the regulations and uncovers what is truly required when it comes to verifying income and other tenant eligibility requirements for the low income housing tax credit program.

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3 More Cities Added to LIHTC Maps

Filed in Codes and Regulations, Housing Trends, Multifamily by on December 29, 2017 0 Comments

NAHB has added Seattle, Chicago and Denver to its exclusive series of maps detailing metro areas where the Low Income Housing Tax Credit is used to develop new affordable homes.

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NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

Filed in Capitol Hill by on December 6, 2017 0 Comments
NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

NAHB Chairman Granger MacDonald and CEO Jerry Howard met with key members of Congress today to push for the association’s housing priorities as the tax reform process moves to a House-Senate conference committee. The meetings were productive and NAHB remains optimistic about the key housing elements we are seeking in the final conference report.

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A Final Push on Tax Reform

Filed in Capitol Hill by on December 6, 2017 4 Comments
A Final Push on Tax Reform

As House and Senate conferees work to produce a final tax overhaul package, NAHB is urging congressional leadership to produce a conference report that provides the best outcome for home owners, renters and the small business community. We need you to join the fight.

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