Rental Housing Report Finds Record-High Unaffordability

A record number of renters are paying more than half their income for housing, according to a report released today by the Harvard Joint Center for Housing Studies (JCHS). “America’s Rental Housing: Meeting Challenges, Building on Opportunities” found that one in four renters, or 10.1…

Senator Landrieu Introduces Go Zone Placed in Service Date Extension

Sen. Mary Landrieu, D-La., introduced on March 29 an amendment to S. 493 that would extend the placed in service date for low-income housing tax credit (LIHTC) properties in the Gulf Opportunity (GO) Zones. S.Amdt. 258 would extend the placed in service date for LIHTC…

LHFA Offers Addition Tax Credit Allocations

The Louisiana Housing Finance Agency (LHFA) today released a memo describing how it will award its remaining Tax Credit Assistance Program (TCAP) funds. Properties that have achieved prior environmental clearance can apply for up to $1.5 million in TCAP funds. LHFA will award points to…