Skip to main content

Now Available: 2007 Data on Tax Credits for Low-Income Housing

HUD.GOV HUDUser.gov
eList
HUDUSERNEWS
22 March 2010    
eList banner
cell background cell background
Now Available: 2007 Data on Tax Credits for Low-Income Housing
Now Available: 2007 Data on Tax Credits for Low-Income Housing The Low-Income Housing Tax Credit (LIHTC) database, available to the public since 1997, was revised in February 2010 and includes information on nearly 31,251 projects and over 1.8 million housing units placed in service between 1987 and 2007. The database details the size, unit mix, construction type, financing sources, and location of individual projects. A set of 36 tables report national and regional trends.
Created by the Tax Reform Act of 1986, the LIHTC program allows authorized state and local LIHTC agencies to allocate up to $8 billion in federal tax credits for the acquisition, rehabilitation, or new construction of rental housing targeted to lower-income households. HUD's LIHTC database is the only complete national source of information on individual LIHTC projects.
Download Report
cell background cell background
cell background
line
Key Findings

  • On average, nearly 1,450 projects and 108,000 units were placed in service in each year between 1995 and 2007.


  • In that same period, 32.4% of projects were located in the South, 26.7% in the Midwest, 22.1% in the West, and 18.7% in the Northeast.


  • 45.2% of the projects placed in service between 1995 and 2007 were in central cities, with 30.6% in suburbs and 24.2% in nonmetropolitan areas.


  • In 2007, one-quarter of LIHTC units were located in census tracts where over 30% of households had incomes below the poverty line.


    		•
    line
    Follow us on:
    Facebook and twitter icons
    PD&R Newsletters  PD&R Research PD&R Data sets   

    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.

    HUD USER HUD USER
    P.O. Box 23268, Washington, DC 20026-3268
    1-800-245-2691 | 1-800-927-7589 (TDD) | 202-708-9981 (fax)
    PD&R

     

    eList Archives