January 14, 2016

Why is this important? (Some of these questions may seem aggressive, yet they are in the context of the community and how they were asked.)

The Cost of the LIHTC are roughly a third of the size of outlays for Section 8 housing vouchers: A large share of LIHTC credits (specifically, the 9 percent credits) are capped based on the per-capita allotment to state housing agencies each year and, therefore, provide a set amount of federal  funding committed to support low-income housing, unlike support given through other programs, which can vary from year-to-year (THE TAX BREAK-DOWN: THE LOW-INCOME HOUSING TAX CREDIT, 2015).