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LOW-INCOME HOUSING TAX CREDIT: Assessment of Program Performance & Comparison to Other Federal Affordable Rental Housing Subsidies
Low Income Housing Tax Credit: Assessment of Program Performance & Comparison to Other Federal Affordable Rental Housing Subsidies, a study commissioned by the Housing Advisory Group (HAG) and authored by Novogradac and Company LLP, finds that low-income housing tax credit (LIHTC)-financed properties have a remarkable track record, particularly when compared to the performance of other federal government subsidies of affordable rental housing. The study’s findings substantiate the strength of the LIHTC program; with its 25-year track record, the LIHTC program stands out as a model of how the tax code can and does, very efficiently, benefit society.
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