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The 4% Housing Tax Credit Fix of 2020

The Low-Income Housing Tax Credit (LIHTC) is a crucial source of funding for the production of affordable rental housing as well as the preservation/renovation of existing affordable housing.  Since its inception roughly 33 years ago, LIHTC has become the largest affordable housing production program in the country, funding the production or preservation of approximat...

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CEDAC Research Shows Far Fewer LIHTC Units Are at Risk of Losing Affordability than Predicted

Today, CEDAC released a new research study that shows far fewer units in the Commonwealth financed through the Low Income Housing Tax Credit (LIHTC) program are at risk of losing their affordability status than predicted.  That’s good news for thousands of families across the Commonwealth. The study looked at 228 LIHTC-financed projects - 15,679 units – that went i...

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State Awards New Funding for 11 Affordable Housing Projects Across Massachusetts

Massachusetts truly is fortunate that elected leaders consistently demonstrate their support for building affordable housing.  We received yet more evidence of this bicameral and bipartisan support on February 4th, when Governor Charlie Baker and Lt. Governor Karyn Polito announced $44 million in new funding awards for affordable housing projects across the Commonwealth. ...

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