Incorporating LIHTC Into Housing Financing
Thursday, February 22, 2018 11:00:00 AM PST - 12:00:00 PM PST
Training Description:Low Income Housing Tax Credit (LIHTC) can provide tax credits to private investors to support the development of affordable, multifamily housing. Since its inception in 1986, the LIHTC has helped to finance roughly 3 million affordable rental units, which have served approximately 7 million low-income households, many including children and individuals with disabilities. Multi-family housing are residential buildings with units built one on top of another and those built side by side that do not have a ground-to-roof wall but may have common facilities (that is, attic, basement, heating plant, plumbing, and so on.) Next to single-family detached housing, multi-family housing ranks next in the housing structure type needed in Indian areas. This webinar includes case studies to illustrate how others have incorporated LIHTC into financing their multi-family units.
The Native Learning Center is a Model Program supported by the Indian Housing Block Grant awarded by the Office of Native American Programs, U.S. Department of Housing and Urban Development. The opinions contained in education, training and technical assistance sessions are those of the author(s) and do not necessarily represent the official position or policies of the Native Learning Center, Seminole Tribe of Florida, Office of Native American Programs, or the U.S. Department of Housing and Urban Development. References to specific agencies, organizations, firms, products, services, processes and procedures should not be considered an endorsement by the listed entities. Rather, the references are informational and illustrations to supplement discussions of the issues.
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