Low-Income Housing Tax Credit:

Reports and Research

2008

Analysis of Low Income Housing Tax Credit Program
Susan Montee, CPA, Missouri State Auditor, April 2008

Green Rehabilitation of Multifamily Rental Properties: A Resource Guide
Bay Area LISC and Build it Green, March 31, 2008

HUD and Treasury Programs: More Information on Leverage Measures’ Accuracy and Linkage to Program Goals Is Needed in Assessing Performance
Government Accountability Office (GAO), February 19, 2008

Low-Income Housing Tax Credits: Affordable Housing Investment Opportunities for Banks
Community Developments Insights, Office of the Comptroller of the Currency (OCC), February 2008

2007

Housing Credit Policies in 2007 that Promote Supportive Housing
James Tassos for the Supportive Housing Investment Partnership, November 7, 2007

Private Activity Bonds: An Analysis of State Use: 2001 to 2005
Congressional Research Service, September 5, 2007

Treasury Conference on Business Taxation and Global Competitiveness: Background Paper
Treasury Depertment, July 23, 2007

Federal Home Loan Banks: Too Soon to Tell the Potential Impact of Excess Stock Rule on the Affordable Housing Program
Government Accountability Office (GAO), June 22, 2007

Public Housing: Information on the Financing, Oversight, and Effects of the HOPE VI Program
Government Accountability Office (GAO), June 20, 2007

Cost/Benefit Analysis of the Missouri Low-Income Housing Tax Credit Program
BKD, LLP in cooperation with Missouri State University, June 6, 2007

Leveraging Federal Funds for Housing, Community, and Economic Development
Government Accountability Office (GAO), May 25, 2007

The Low-Income Housing Tax Credit: A Framework for Evaluation
Congressional Research Service (CRS), March 7, 2007

2006

Promising Strategies to End Family Homelessness
Freddie Mac and The National Alliance to End Homelessness, June 2006

Executive Summary- Voucher Homeownership Study
Volume I: Voucher Homeownership Study: Cross-Site Analysis
Volume II: Voucher Homeownership Study: Case Studies
U.S. Department of Housing and Urban Development (HUD), March 2006

Locked Out: Keys to Homeownership Elude Many Working Families With Children
Center for Housing Policy, March 2006

Using the Housing Credit for Supportive Housing: An Assessment of 2005 State Policies
James Tassos, Enterprise Community Partners, Inc. and Corporation for Supportive Housing

Making Affordable Housing Truly Affordable: Advancing Tax Credit Incentives for Green Building and Healthier Communities
Global Green USA, January 2006

2005

Affordable Housing Needs: A Report to Congress on the Significant Need for Housing
U.S. Department of Housing and Urban Development (HUD), December 2005

Statistical Portrayal of the Tax Exempt Bonds Office’s Enforcement Activities From Fiscal Year 2002 Through Fiscal Year 2004
Treasury Inspector General for Tax Administration, September 30, 2005

Smart Preservation Preserving At-Risk Subsidized Housing with State Bond Funds (CIPF and HSF)
Citizens’ Housing and Planning Association (CHAPA), June 29, 2005

HUD Can Improve Its Process for Estimating Fair Market Rents
Government Accountability Office (GAO), May 2, 2005

A Greener Plan for Affordable Housing: How States are Using the Housing Credit to Advance Sustainability
James Tassos, The Enterprise Foundation, April 2005

The Housing Landscape for America's Working Families 2005
Center for Housing Policy, April 29, 2005

Historical Development and Present Law of the Federal Tax Exemption for Charities and Other Tax-Exempt Organizations
Joint Committee on Taxation, April 20, 2005

Housing as an Economic Stimulus
Oregon Housing and Community Services, April 18, 2005

Federal Tax Incentives for Rehabilitating Historic Buildings, Annual Report for Fiscal Year 2004
National Park Service, February 2005

Preserving Rural Rental Housing: Actions and Strategies
Housing Assistance Council and the National Housing Law Project, April 2005

Hawaii Affordable Housing Task Force Final Report
Affordable Housing Task Force, January 2005

RURAL HOUSING: Changing the Definition of Rural Could Improve Eligibility Determinations
U.S. Government Accountability Office, January 2005

2004

Housing Policy for the 21st Century
American Bankers Association, America’s Community Bankers, the Mortgage Bankers Association, the National Association of Home Builders and the National Association of Realtors, October 2004

Rural Housing Service: Updated Guidance and Additional Monitoring Needed for Rental Assistance Distribution Process
U.S. Government Accountability Office, September 2004

Making Best Use of Your LIHTC Dollars: A Planning Paper for State Policy Makers
U.S. Department of Housing and Urban Development (HUD), July 2004

Local Consequences of HUD's Fiscal Year 2004 Voucher Funding Policy
Center on Budget and Policy Priorities, July 15, 2004

Further Action By HUD Needed to Halt Cuts In Housing Assistance for Low-income Families
Center on Budget and Policy Priorities, July 15, 2004

RURAL HOUSING SERVICE: Agency Has Overestimated Its Rental Assistance Budget Needs over the Life of the Program
General Accounting Office (GAO), June 21, 2004

Updating the Low-Income Housing Tax Credit Database: Projects Place in Service Through 2001
U.S. Department of Housing and Urban Development, June 1, 2004

The Flexible Voucher Program: Why A New Approach to Housing Subsidy Is Needed
U.S. Department of Housing and Urban Development, May 18, 2004

Siting Affordable Housing: Location and Neighborhood Trends of Low Income Housing Tax Credit Developments in the 1990s
Prepared by Lance Freeman for the Brookings Institution Center on Urban and Metropolitan Policy, April 2004

Targeting Housing Production Subsidies: Literature Review
Prepared by Abt Associates, Inc. for the U.S. Department of Housing and Urban Development Office of Policy Development and Research, April 2004

What We Know About Public Attitudes On Affordable Housing: A Review of Existing Public Opinion Research
The Campaign for Affordable Housing and Belden, Russonello & Stewart, April 21, 2004

Second Quarterly Update of the 2003-2004 Priority Guidance Plan
Internal Revenue Service (IRS) and U.S. Treasury Department, February 13, 2004

GOVERNMENT SPONSORED ENTERPRISES: A Framework for Strengthening GSE Governance and Oversight
General Accounting Office (GAO), February 10, 2004

The Housing Bubble: Hot Air or Pending Doom?
Michael J. Novogradac, CPA, Novogradac & Company LLP, LIHTC Monthly Report

2003

Report of NCSHA’s Working Group on Housing Credit Allocation and Underwriting Recommended Practices
National Council of State Housing Agencies, December 5, 2003

The Run-up in Home Prices: Is It Real or Is It Another Bubble?
Dean Baker, economist and co-director of the Center for Economic and Policy Research

Homeownership in a Bubble: The Fast Path to Poverty?
Dean Baker and Simone Baribeau, Center for Economic and Policy Research, August 2003

2003 Housing Opportunity Survey
National Association of Realtors ® and Public Opinion Strategies, September 2003

Initial Chapters of the 2003 Ways and Means Green Book
U.S. House Committee on Ways and Means, September 2003

Redistribution Effect of Introducing Census 2000 DataInto the CDBG Formula
U.S. Department of Housing and Urban Development Office of Policy Development & Research, June 2003

Elderly Housing: Project Funding and Other Factors Delay Assistance to Needy Households
U.S. General Accounting Office, June 2003

A Real Estate Bubble in the Bronx? A Study of Trends in Bronx Multifamily Housing Pricing, 1985 to 2001
University Neighborhood Housing Program, May 2003

Issue Papers On Demographic Trends Important to Housing
HUD Office of Policy Development and Research, February 2003

Housing Choice Voucher Location Patterns: Implications For Participant And Neighborhood Welfare
HUD Office of Policy Development and Research, January 2003

Homeownership Affordability in Virginia
Virginia Center for Housing Research, January 2003

2002

Apartment Cost of Risk Survey
National Multi Housing Council, December 2002

The Impact of Construction-Defect Litigation on Condominium Development
California Policy Research Center, October 2002

Mortgage Markets and The Enterprises in 2001
The Office of Federal Housing Enterprise Oversight, August 2002

Low-Income Housing Tax Credit Housing Developments and Property Values
The University of Wisconsin Center for Urban Land Economics Research, June 2002

"Updating the Low-Income Housing Tax Credit (LIHTC) Database: Projects Placed in Service Through 1999"
U.S. Department of Housing and Urban Development, April 2002

False HOPE: A Critical Assessment of the HOPE VI Public Housing Redevelopment Program | Executive Summary
National Housing Law Project, Poverty & Race Research Action Council, Sherwood Research Associates, and Everywhere and Now Public Housing Residents Organizing Nationally Together, June 2002

A Quiet Crisis in America
The Commission on Affordable Housing and Health Facility Needs for Seniors in the 21st Century, June 2002

Serving the Affordable Housing Needs of Older Low-Income Renters: A Survey of Low-Income Housing Tax Credit Properties
AARP Public Policy Institute, April 2002

2002-2003 Priorities for Tax Regulations and Other Administrative Guidance
US Treasury Dept., Internal Revenue Service, July 10, 2002

A New Kind of Gold? Investment in Housing in Times of Economic Uncertainty
Milken Institute, June 2002

Bay Area Housing Crisis Report Card
The Non Profit Housing Association of Northern California, June 2002

Results of the Fannie Mae Foundation Affordable Housing Survey
The Fannie Mae Foundation, June 2002

The State Of The Nation's Housing 2002
Joint Center For Housing Studies at Harvard University, June 2002

Meeting Our Nation’s Housing Challenges | Dissenting Statement By Commission Member Robert Rector
Millennial Housing Commission, May 30, 2002

Rebuilding the Dream: Solving California's Affordable Housing Crisis
Little Hoover Commission, May 8, 2002

Creating Successful Communities: A New Housing Paradigm
National Multi Housing Council, January 2002

Housing: The Key to Economic Recovery
National Association of Home Builders, February 2002

After the Bubble: Sustaining Economic Prosperity Bay Area Economic Profile
Bay Area Council, Bay Area Economic Forum, Association of Bay Area Governments, January 2002

2001

A Status Report on Hunger and Homelessness in America's Cities 2001
The U.S. Conference of Mayors, December 12, 2001

Rebuilding America: Economic Recovery Through Capital Investments For The Future
Felix Rohaytn, New York Comptroller H. Carl McCall and California State Treasurer Philip Angelides, December 5, 2001

Affordable Housing and Smart Growth: Making the Connection
The Smart Growth Network and The National Neighborhood Coalition, November 28, 2001

Accounting for Investors' Interests in Unconsolidated Real Estate Investments
American Institute of Certified Public Accountants, Inc., November 21, 2000

Reconstructing Fair Housing
The National Council on Disability, November 6, 2001

Pay to Play, Residential Development Fees in California, 1999
The State of California Department of Housing and Community Development, October 3, 2001

Study of Multifamily Underwriting and the GSEs' Role in the Multifamily Market
U.S. Department of Housing and Urban Development Office of Policy Development and Research, August 2001

An Assessment of the Availability and Cost of Financing for Small Multifamily Properties
U.S. Department of Housing and Urban Development Office of Policy Development and Research, August 2001

Federal Housing Programs: What They Cost and What They Provide
United States General Accounting Office, July 18, 2001

The Impact of Changes in Multifamily Housing Finance on Older Urban Areas
The Brookings Institution, June 7, 2001

Our Homes, Our Neighborhoods-Housing Profile
U.S. Census Bureau, May 2001

Between the Lines: A Question & Answer Guide on Legal Issues in Supportive Housing
Corporation for Supportive Housing, March 2001

Still Locked Out: New Data Confirm That California's Housing Affordability Crisis Continues
California Budget Project, March 2001

NMHC Fifty - 2001
National Multi Housing Council, March 2001

Vacant Land in Cities: An Urban Resource
The Brookings Institution, January 2001

A Report on Worst Case Housing Needs in 1999: New Opportunity Amid Continuing Challenges
U.S. Department of Housing and Urban Development, January 2001

2000

Updating the Low Income Housing Tax Credit (LIHTC) Database Final Report
Abt Associates, November 2000

A Study of the Relationship Between Family Rental Housing and Home Values in the Twin Cities.
Family Housing Fund, November 2000

Rural Housing: Options for Optimizing the Federal Role in Rural Housing Development
U.S. General Accounting Office, October 2000

Recommended Practices in Compliance Monitoring
National Council of State Housing Agencies, September, 2000

Out of Reach
National Low-Income Housing Coalition, September 2000

Bright Outlook for State Housing Finance Agencies, But not Without Risk
Moody's Investors Service, August 2000

Using Low-Income Tax Credits in Affordable Housing Deals: Two Sides of the Story
Moody's Investors Service, August 2000

Toward a More Balanced Housing Policy
National Multi-Housing Council, National Apartment Association, July 2000

America's Prosperity: A Chicken in Every Pot
Lend Lease Real Estate Investments, July 2000

Looking into the Future: How the Aging of America Will Impact Senior Housing
Urban Research Monitor, June 2000

The Long Wait: The Critical Shortage of Housing in California
Housing California, June 2000

The State of the Nation's Housing: 2000
Joint Center for Housing Studies, June 2000

OFHEO's 2000 Report to Congress
Office of Federal Housing Enterprise Oversight, June 2000

Measuring and Interpreting the Recent Increase in Central City Housing Construction
National Multi Housing Council, June 2000

2000 State of the Cities
U.S. Department of Housing and Urban Development, June 2000

Housing America's Working Families
Center for Housing Policy, June 2000

Housing Policy for the 21st Century
National Association of Home Builders, American Bankers Association, America’s Community Bankers, Mortgage Bankers Association of America and the National Association of Realtors, May 2000

Locked Out: California's Affordable Housing Crisis
California Budget Project, May 2000

Best Practices for Asset Management and Compliance Monitoring
National Association of State and Local Equity Funds (NASLEF), May 2000

Report: Texas Department of Housing and Community Affairs
Texas Sunset Advisory Commission, April 2000

Military Housing: Continued Concerns in Implementing the Privatization Initiative
U.S. General Accounting Office, March 2000

Rental Housing Assistance-The Worsening Crisis: A Report to Congress on the Worst Case Housing Needs
U.S. Department of Housing & Urban Development, March 2000

The Increasing Use of TANF and State Matching Funds to Provide Housing Assistance to Families Moving from Welfare to Work
Center on Budget and Policy Priorities & Economic Policy Institute, February 2000

Tax Credits: Characteristics of Tax Credit Properties and their Residents
U.S. General Accounting Office, January 2000

Recent Changes in U.S. Family Financing: Results from the 1998 Survey of Consumer Finances
Federal Reserve Report, January 2000

Pulling Apart: A State by State Analysis of Income Trends
Center on Budget and Policy Priorities & Economic Policy Institute, January 2000

1999

Homelessness: Programs and the People they Serve
U.S. Department of Housing & Urban Development, December 1999

Opportunities for Partnerships in Affordable Housing
Harvard University Office Of Government, Community and Public Affairs, November 4,1999

Expiring Affordability of LIHTC Properties: The Next Era in Preservation
Joint Center for Housing Studies, October 1999

Tax Credits: Reasons for Cost Differences in Housing Built by For-Profit and Nonprofit Developers
U.S. General Accounting Office, March 1999

1997

Tax Credits: Opportunities to Improve Oversight of the Low-Income Housing Program
U.S. General Accounting Office, March 1997

1996

Development and Analysis of the Low-Income Housing Tax Credit Database
U.S. Department of Housing & Urban Development, July 1996

1990

"Partnerships and the low-income housing tax credit"
Michael J. Novogradac, Eric J. Fortenbach and Donald M. Schmidt, Jr., Real Estate Accounting and Taxation, Fall 1990