housing policy under the obama administration:

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Housing Policy Under the Obama Administration:. The Low-Income Housing Tax Credit. Michael J. Novogradac, CPA michael.novogradac@novoco.com. www.taxcredithousing.com. www.taxcredithousing.com. Multi-Family Starts. Total Multi-Family Starts vs. LIHTC Units. www.taxcredithousing.com. 10% of. - PowerPoint PPT Presentation

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Housing Policy Under the Obama Administration:

The Low-Income Housing Tax Credit

Michael J. Novogradac, CPAmichael.novogradac@novoco.com

www.taxcredithousing.com

www.taxcredithousing.com

Multi-Family Starts

www.taxcredithousing.com

Total Multi-Family Starts vs. LIHTC Units

Cumulative LIHTC Units

10% oftotal U.S. rental unit stock

www.taxcredithousing.com

www.taxcredithousing.com

www.taxcredithousing.com

www.taxcredithousing.com

$-

$2

$4

$6

$8

$10

2009

$-

$2

$4

$6

$8

$10

$12

Bil

lio

ns

Bil

lio

ns

Funding Gaps

2008

2007

2006

2010

2011

(9%, population-based credits only)

ARRA40%

Equity

Credits

Bingaman

Bill

5 Year C/B

H.R. 421340%

www.taxcredithousing.com

michael.novogradac@novoco.com

www.novoco.comwww.taxcredithousing.com

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