HUD Paper Highlights Where LIHTC Developments Should Go
States should concentrate low-income housing tax credit (LIHTC) developments in areas that have both needy households and shortages of rental households, according to a paper released today by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R). “Making Best Use of Your LIHTC Dollars: A Planning Paper for State Policy Makers” is intended to help state officials think about how to make strategic use of the LIHTC. The paper was prepared for HUD by Abt Associates Inc. and is based on research and theory about where and for whom the development of subsidized rental housing is most effective. Click here for a copy of the paper.