Oct. 5, 2021: LIHTC Basics

Published by Michael Novogradac on Tuesday, October 5, 2021 - 12:30pm

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Jeff Nishita, CPA, discuss how developers and investors who are new to the low-income housing tax credit (LIHTC) can use the incentive finance affordable housing for low-income families and individuals. They discuss 4% and 9% LIHTCs, how LIHTC developers are compensated for their work and for the risks they assume, general tips for first-time LIHTC developers and action items for LIHTC developers to get started.