THDA Reports on Past and Future of Tennessee’s LIHTC
Faced with a shortage of affordable rental housing in Tennessee, the Tennessee Housing Development Agency (THDA) recently issued a new study on the state’s LIHTC program. THDA manages the program in Tennessee and allocates federal tax credits to qualifying projects according to state and federal priorities. The study looked at the 28-year history of the LIHTC program in Tennessee, its effectiveness, as well as areas of greatest opportunity in the near future.