The recently passed 1.29 trillion federal budget provides increased funding for affordable housing and HUD. Here are five ways the budget helps LIHTC transactions: 1.  Tax Credit Value: The value of tax credits fell when the corporate tax rate was reduced to...

1.  Lack of Debt Service Constraints: Most RAD transactions have fixed debt service constraints based on existing capital and operating fund income. LIHTC allows additional funding for repairs. 2.  Development Fee: Many transactions allow for a...

When a community is affected by a natural disaster they require resources to rebuild. LIHTC properties help communities affected by disaster in many ways:   1.  Emergency Relief: Current or upcoming vacancies in LIHTC properties can be used in certain...