Sign Up For Novogradac Industry Alert Emails

June 29, 2021: California Bond and LIHTC Allocation Competition

Published by Michael J. Novogradac on June 29, 2021, 3 p.m.

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, Novogradac partner Jim Kroger, CPA, and Novogradac’s Melissa Chung, CPA, discuss the increasing competition for private activity bonds (PABs) for affordable housing, which pair with 4% low-income housing tax credits to provide equity for properties. They discuss why and when the increase in use of PABs started, factors that have dramatically increased competition in California, approaches taken by states in light of the increased demand, what developers should be doing to improve their ability to compete, Novogradac services to assist developers and tips to be more effective.

Learn more about Novogradac's expertise and many services