Category Archives: Low Income Housing Tax Credits

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An Issue of Choice

The Houston Housing Authority recently held a public meeting where hundreds of people attended to oppose a proposed development in a high-end neighborhood. The newspaper described the audience of this neighborhood as often yelling and booing at the Authority’s staff. Unfortunately, this scene is not unique. It is a scene that many in the affordable … Continue Reading

Decision Time for LIHTC Floors

One of several uncertainties facing developers and their financial partners in LIHTC transactions is the precise equity that can be generated by each dollar in federal low income tax credits.  Of course, some of this uncertainty is a result of basic market forces, including the demand by CRA investors. However, there is another risk which … Continue Reading

New York State and Louisiana Announce Early Decision Tax Credit Funding Rounds

The early decision low income housing tax credit funding rounds recently announced by the States of New York and Louisiana provide an opportunity for developers to take advantage of high tax credit pricing, continuing low interest rates and a strong demand for affordable rental housing.  However, these opportunities require developers to respond quickly with developments … Continue Reading

Louisiana Low Income Housing Credit Awards

The Louisiana Housing Corporation will meet on July 9, 2015 at its offices in Baton Rouge to approve its annual allocations of 9% Low Income Housing Credits. The final rankings of applications can be found here: http://www.lhc.la.gov/assets/Programs/Low_Income_Housing_Tax_Credit/2015LIHTCFinalRankingandScoring.pdf The meeting is open to the public.  Committee meetings begin at 10am and the full board convenes at … Continue Reading
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