HUD Updates Low-Income Housing Tax Credit Database

From: HUD USER News
 
The Low-Income Housing Tax Credit (LIHTC) program is the
federal government's primary vehicle for facilitating
production of rental housing targeted to low-income
households. Created by HUD and available to the public
since 1997, the LIHTC database has been updated to
include information on more than 29,225 projects and over
1.67 million housing units placed in service between 1987
and 2006.
 
Created by the Tax Reform Act of 1986, the LIHTC program
gives states the equivalent of nearly $5 billion in
annual budget authority to issue tax credits for the
acquisition, rehabilitation, or new construction of
rental housing targeted to lower-income households. The
LIHTC database includes project addresses, number of
units and low-income units, number of bedrooms, year the
credit was allocated, year the project was placed in
service, whether the project was new construction or
rehab, type of credit provided, and other information on
project financing. The database has been geocoded,
enabling researchers to look at the geographical
distribution and neighborhood characteristics of tax
credit projects. It may also help show how incentives to
locate units in low-income areas and other underserved
markets are working.
 
Data are available through the LIHTC Database Access
website at www.huduser.gov/datasets/lihtc.html. In
addition to downloading the entire database, users may
extract limited sets of data by selecting only variables
of interest, filtering for variable values, or
restricting the geographic extent of their query
at lihtc.huduser.gov. Updating the Low-Income Housing Tax
Credit Database: Projects Placed in Service through 2006,
a report presenting the results of the most recent update
can be downloaded, free of charge,
at www.huduser.gov/Datasets/lihtc/report9506.pdf.
 
--------------------------------------
Please contact us at:
HUD USER
P.O. Box 23268
Washington, DC 20026-3268
1-800-245-2691
1-800-927-7589 (TDD)
202-708-9981 (fax)
--------------------------------------
The HUD USER News eList keeps busy professionals in the
fields of housing and community development informed of
new research and resources available from the U.S.
Department of Housing and Urban Development's Office of
Policy Development and Research (PD&R). Periodically,
publication announcements and other useful information
will be sent via the eList. The HUD USER and Regulatory
Barriers Clearinghouses value your privacy; we do not
share our mailing lists with other groups, and you can
unsubscribe at any time.
 
You can search the eList archives
at https://www.huduser.gov/portal/elist/archive.html.
 
Why not share HUD USER's resources and information with
a colleague? Forward this email to associates who may be
interested in the housing research and data sets we have
to offer. Thanks!
 
To keep up with the latest HUD research and related
resources, you can also sign up for a free subscription
to our ResearchWorks newsletter (in either electronic or
print-based formats) by visiting https://www.huduser.gov/emaillists/subscr.html.
 
--------------------------------------
 
You were sent this HUD USER News update because
you expressed interest in receiving a weekly email to
stay informed of new HUD research and resources. If you
no longer wish to receive this email, please send an
email to hudusernews@huduser.gov with "unsubscribe"
as the SUBJECT.