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Two Pilot Programs Announced for Low Income Housing Tax Credit Projects

(from Memo to Members' of the NLIHC) Two pilot programs were announced that could affect projects assisted with Low Income Housing Tax Credits (LIHTC). One pilot is described in HUD Multifamily Housing Notice H 2012-1, the other is outlined in Internal Revenue Service Notice 2012-18.

National Report Demostrates Growing Shortage of Affordable Rental Units


A new report by the National Low Income Housing Coalition (NLIHC) reveals the deep and growing mismatch between the supply and demand of affordable units for the lowest income renters. According to NLIHC’s analysis of 2010 American Community Survey (ACS) Public Use Microdata Sample (PUMS) data, there were only 30 affordable and available rental units for every 100 extremely low income (ELI) renter households in 2010. ELI households are those with incomes at or below 30% of the area median income (AMI).

National Housing Trust Fund In Jeopardy

(from Memo to Members of the National Low Income Housing Coalition NLIHC) Tax "extender" legislation passed by the House in late 2009 and every version introduced in the Senate in 2010 has provided funding for the National Housing Trust Fund (NHTF) including S. 3793, the Job Creation and Tax Cuts Act of 2010 introduced in mid-September. But negotiations over what to do about the Bush era tax cuts that expire at the end of 2010 have put the funding for the NHTF in jeopardy.

Brookings Metropolitan Policy Program Article "The Next Real Estate Boom"

BROOKINGS METROPOLITAN POLICY PROGRAM

The Next Real Estate Boom
Christopher B. Leinberger and Patrick C. Doherty, November 01, 2010, Washington Monthly

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