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Service Description: The Low-Income Housing Tax Credit (LIHTC) is the most important resource for creating affordable housing in the United States today. The LIHTC database, created by HUD and available to the public since 1997, contains information on 43,092 projects and 2.78 million housing units placed in service between 1987 and 2014.
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Copyright Text: HUD eGIS
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Comments: The Low-Income Housing Tax Credit (LIHTC) is the most important resource for creating affordable housing in the United States today. The LIHTC database, created by HUD and available to the public since 1997, contains information on 43,092 projects and 2.78 million housing units placed in service between 1987 and 2014.
Subject: The LIHTC program gives State and local agencies the equivalent of nearly $8 billion in annual budget authority to issue tax credits for the acquisition, rehabilitation, or new construction of rental housing targeted to lower-income households.
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Keywords: housing,assisted housing,Low-Income Housing Tax Credit,LIHTC,IRS,Internal Revenue Service,Tax Reform Act of 1986
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