Transcript
![Page 1: Housing Policy Under the Obama Administration: The Low-Income Housing Tax Credit Michael J. Novogradac, CPA michael.novogradac@novoco.com](https://reader030.vdocuments.net/reader030/viewer/2022032523/56649d785503460f94a5b61a/html5/thumbnails/1.jpg)
Housing Policy Under the Obama Administration:
The Low-Income Housing Tax Credit
Michael J. Novogradac, [email protected]
www.taxcredithousing.com
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www.taxcredithousing.com
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Multi-Family Starts
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Total Multi-Family Starts vs. LIHTC Units
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Cumulative LIHTC Units
10% oftotal U.S. rental unit stock
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www.taxcredithousing.com
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www.taxcredithousing.com
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www.taxcredithousing.com
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$-
$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%
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