The Low-Income Housing Tax Credit (LIHTC) program continues to be a cornerstone in addressing the growing need for affordable housing in the United States. With new parameters and financial adjustments set for 2025, LIHTC and Affordable Housing Developers and Builders...
As we approach the expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) in 2025, affordable housing advocates, LIHTC developers, and housing agencies are looking to capitalize on this critical opportunity to reshape the future of the Low-Income Housing Tax...
Introduction The Housing Opportunity Through Modernization Act (HOTMA) significantly impacts Low-Income Housing Tax Credit (LIHTC) properties, particularly those with mixed-income residents. Understanding the implications of HOTMA for mixed-income LIHTC properties is...
Introduction In an effort to modernize affordable housing and improve access to resources for low-income Americans, the U.S. Department of Housing and Urban Development (HUD) introduced the Housing Opportunity Through Modernization Act (HOTMA). This legislation brings...
Introduction With the recent Housing Opportunity Through Modernization Act (HOTMA) updates, property managers handling Low-Income Housing Tax Credit (LIHTC) properties are experiencing new regulations that reshape tenant eligibility, income verification, and...
At Midtown Builders, we take pride in breathing new life into communities by revitalizing housing projects that desperately need attention. One of the most effective tools we use to achieve this is the Low-Income Housing Tax Credit (LIHTC) 4% Credits. This financial...