LIHTC Communities

Established in 1986, the Low-Income Housing Tax Credit (LIHTC) program is an indirect federal initiative designed to support the construction and rehabilitation of affordable rental housing. In the absence of this incentive, such projects often lack the revenue potential to justify the significant capital investment required for high-quality multifamily development.

The LIHTC program enables investors to reduce their federal tax liability in exchange for providing financing to affordable housing projects, fostering a public-private partnership that drives local economic activity, promotes job creation, and encourages market competition to deliver cost-effective housing solutions.