HUD Publishes Annual Report on LIHTC Tenant Data

Thursday, April 13, 2017 - 10:15am

The U.S. Department of Housing and Urban Development (HUD) this week published Understanding Whom the LIHTC Program Serves: Data on Tenants in LIHTC Units as of December 31, 2014, its third annual report on demographic and economic data for low-income housing tax credit (LIHTC) residents. HUD reports that the median annual income of LIHTC residents in 2014 was $17,152 and that approximately 47 percent of tenants earned 30 percent or less of the area median income (AMI). The 26-page report is mandated by the Housing and Economic Recovery Act (HERA) of 2008.