Arlene Conn, PHADA Policy Analyst
On March 25, HUD released, “Understanding Whom the LIHTC Program Serves: Data on Tenants as of December 31, 2017,” which summarizes data received from state housing finance agencies (HFAs) administering the Low Income Housing Tax Credit (LIHTC). Under the Housing and Economic Recovery Act (HERA) of 2008, HFAs are required to submit certain demographic and economic information about tenants in LIHTC units to HUD. Findings in two key areas, income and rent burdens, show similar numbers between 2016 and 2017 data submissions from HFAs.
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