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The Community Reinvestment Act & LIHTC: How changes in the banking sector could affect affordable housing

October 3, 2019

Over the past few decades, the Low-Income Housing Tax Credit (LIHTC) has become the nation’s most important policy to incentivize the creation of affordable housing. LIHTC, administered in North Carolina through the North Carolina Housing Finance Agency, allocates credits to private developers who t … Continued

Strategies for Creating Mixed-Income Neighborhoods

August 6, 2019

Durham County hired the Development Finance Initiative (DFI) in 2017 to help redevelop two county-owned parcels in downtown. Though currently serving as surface parking for county employees, the two sites are located adjacent to recent high-end residential development, government and institutional s … Continued

4% LIHTC Use in North Carolina’s Triangle Region

July 25, 2017

A Brief Introduction to the 4% Low-Income Housing Tax Credit Development of low-income housing in the United States continues to be a challenge for local governments, affordable housing developers, and policy advocates. Institutional, market, and financing obstacles are all barriers to increasing th … Continued

Boosting LIHTC: Difficult Development Areas & Qualified Census Tracts

May 9, 2017

The Low-Income Housing Tax Credit (LIHTC) program was designed to encourage the private development of affordable rental housing in the United States. (If you are new to LIHTC, check out the CED blog’s primer on low-income housing tax credits before proceeding.)   But even with the dollar-for-dollar … Continued