Fannie, Freddie Invested More than $1.7B in LIHTC Equity in 2023

April 30, 2024    

And the investment cap increased this year.


The Federal Housing Finance Agency (FHFA) recently released its annual Housing Mission Report. An independent agency established by the Housing and Economic Recovery Act of 2008 (HERA), the FHFA is responsible for the effective...

IRS Allocates Unused LIHTCs to 28 States

April 30, 2024    

They’ll get an additional $8.2 million in unused federal LIHTC carryovers.


Biden Administration Releases Proposals to Lower Housing Costs and Increase Supply

March 29, 2024    

The Biden administration recently released a fact sheet announcing new proposals to “Lower Housing Costs for Working Families.” The fact sheet was released in advance of President Biden’s State of the Union address, which committed efforts to bring housing costs down while...

IRS Publishes Population Figures for Calculating 2024 LIHTCs

March 29, 2024    

The IRS recently published Notice 2024-12 with the population figures used to calculate the calendar year 2024 LIHTC and private activity bond limits for all 50 states; Washington D.C.; and U.S. territories.

FHFA Releases Summary of Tenant Protection Comments

January 31, 2024    

The Federal Housing Finance Agency (FHFA) recently released a summary of responses it received after issuing a Request for Input (RFI) on how the agency could create and enforce renter protections for households living in rental properties with federally backed mortgages, namely through Fannie...

JCHS Report Shows Record Levels of Renters Are Cost Burdened

January 31, 2024    

A record-high 22.4M renters spent more than 30% of their income on rent and utilities.


GAO Recommends Designating Agency to Improve LIHTC Administrative and Cost Oversight

December 21, 2023    

The IRS doesn’t have the resources to collect detailed LIHTC cost information.



The U.S. Government Accountability Office (GAO) recently issued a brief report entitled, “Low-Income Housing Tax Credit: Opportunities to Improve Oversight.” The...

Proposed Rule Would Remove Criminal Conviction Restrictions for Fair Housing Testers

November 29, 2023    

To investigate whether screening policies are discriminatory, HUD wants agencies to use testers with actual criminal backgrounds.



HUD Exercises New VAWA Enforcement Authority Against Two Housing Providers

October 30, 2023    

HUD recently announced settlements with housing providers in Nevada and California, resolving allegations that they denied housing opportunities to two women because they experienced dating violence and stalking.

Local Government Leaders Urge Congress to Expand LIHTC

September 29, 2023    

A group of mayors, county executives, and county board chairs representing communities across the country recently signed onto a letter urging Congress to enact the Affordable Housing Credit Improvement Act (AHCIA) of 2023, S. 1557 and H.R. 3238, which would strengthen and expand the Low-Income...

HUD Publishes 2024 Qualified Census Tract and Difficult Development Area Designations

September 29, 2023    

In the Sept. 21 issue of the Federal Register, HUD published its annual notice designating the 2024 Qualified Census Tracts (QCTs) and Difficult Development Areas (DDAs) for the LIHTC program. HUD is required to designate these areas under Internal Revenue Code Section 42. Both QCTs and DDAs are...

Get Signed Agreement When Taking Deposits from Applicants

August 31, 2023    

Reduce the risk of a lawsuit based on an application misunderstanding.