Community revitalization, as a concept, is fairly straightforward. But how does it actually happen, and how can its progress be measured? This is an essential question for the ongoing series of Qualified Allocation Plan (QAP) […]
Abstract: Letters written by Texas State Representatives and Senators regarding the development of low income housing in the state had the effect of moving development to lower income, higher poverty areas of the state.
“We realize that not all residents of an affordable housing development will, by default, be criminals. However, we are also not ignorant to the fact, which is supported by real statistics, that many criminals (especially […]
This month the “Novogradac Journal of Tax Credits” included an article examining how different states utilize their ability to offer some Low Income Housing Tax Credit (LIHTC) developments a 30% “boost” in funding. (article link […]
A couple of changes in the prospects for the Low Income Housing Tax Credit program in the last few days. The Tax Credit Exchange (i.e. 1602 Grants in Lieu of Tax Credits) program was not […]
New report finds that Low Income Housing Tax Credit housing is more likely than other rental housing to be built in low-income, predominantly minority neighborhoods. Austin, TX – The Low Income Housing Tax Credit […]
Last Thursday the board of the Texas Department of Housing and Community Affairs (TDHCA) adopted the rules governing the allocation of the Low Income Housing Tax Credit Program (LIHTC) in 2011. These rules are known […]