Urban Institute Report Calls for Expansion of LIHTC, NMTC, Bonds

Friday, April 9, 2021 - 10:15am

The Urban Institute released a brief report about the nation’s housing supply shortage, calling for “policymakers … [to] expand the Low-Income Housing Tax Credit [LIHTC], Section 142 tax-exempt bonds for the development of rental housing, and the New Market Tax Credit [NMTC], each of which has proven effective in promoting development in underserved communities.”  Overcoming the Nation’s Daunting Supply Shortage points out that there is less housing available for rent and sale than anytime in in the past 30 years and particularly highlights the shortage of affordable housing.

The housing shortage and other topics will be discussed at the Novogradac 2021 Affordable Housing Virtual Conference, April 29-30.