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Housing Policy Under the Obama Administration:. The Low-Income Housing Tax Credit. Michael J. Novogradac, CPA michael.novogradac@novoco.com. www.taxcredithousing.com. www.taxcredithousing.com. Multi-Family Starts. Total Multi-Family Starts vs. LIHTC Units. www.taxcredithousing.com. 10% of.
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Housing Policy Under the Obama Administration: The Low-Income Housing Tax Credit Michael J. Novogradac, CPA michael.novogradac@novoco.com www.taxcredithousing.com
Multi-Family Starts Total Multi-Family Starts vs. LIHTC Units www.taxcredithousing.com
10%of total U.S. rental unit stock Cumulative LIHTC Units www.taxcredithousing.com
Funding Gaps (9%, population-based credits only) $12 ARRA 40% $10 $10 Credits $8 $8 Equity H.R. 4213 40% $6 Billions $6 Billions $4 $4 Bingaman Bill 5 Year C/B $2 $2 $ - $ - 2007 2009 2006 2008 2010 2011 www.taxcredithousing.com
www.novoco.com www.taxcredithousing.com michael.novogradac@novoco.com