The Low-Income Housing Tax Credit was created in a moment when other real estate tax preferences were going away—but at the time, no one expected it to grow into the main source of affordable housing finance in the country. Miriam Axel-Lute reads, "LIHTC: How It Started, How It’s Going."
Read the full article at https://shelterforce.org/2023/11/15/lihtc-how-it-started-how-its-going/
This article is part of Shelterforce's Under the Lens series: LIHTC: The Good, the Bad, and the Very Complicated.
