The federal government gives developers the equivalent of $10 billion a year to build low-income housing in the form of a tax credit. Without this government subsidy, known generally as Low-Income Housing Tax Credits (LIHTC), there would be a lot fewer affordable units. There are limitations, including the funding. Is there a better way to do it?
Interview guests: Anthony Orlando, PhD, associate professor of finance, real estate and law at California State Polytechnic University, Pomona; Roger Valdez, director of The Center for Housing and Economics; Ryan Gleason, executive director Ohio Housing Council; Mary Burke Rivers, executive director Over-the-Rhine Community Housing; and Ben Eilerman, director of real estate Over-the-Rhine Community Housing.
