Report Finds Strong Operating Performance Among LIHTC Sites
According to a new report from public accounting firm CohnReznick, LIHTC sites are operating better than in any period in the program’s 31-year history. For its report, the firm requested the participation of every active housing tax credit syndicator and some of the nation’s largest institutional investors. Thirty-three housing tax credit syndicators and two of the nation’s largest investors participated in the survey. The firm analyzed data collected from more than 22,000 housing tax credit properties.