HUD Releases Update to LIHTC Properties Placed in Service Database

HUD Releases Update to LIHTC Properties Placed in Service Database

On Wednesday, May 21, HUD released its update to the Low-Income Housing Tax Credit (LIHTC) Properties Placed in Service database. HUD annually collects information, from state housing finance agencies that administer the LIHTC program, on properties placed in service. This update includes properties placed in service in 2012, as well as revisions to previous years’ data. This update adds 633 properties and 44,992 units placed in service in 2012, plus 558 projects and 65,107 units placed in service between 1987 and 2011 that were not included in the previous updates. The database contains useful data for researchers on a total of 39,094 LIHTC projects and 2.5 million affordable housing units.