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Low Income Housing Tax Credit Financial Management Challenges |
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Nonprofit affordable housing organizations battered by the financial crises of the mortgage and real estate industries are struggling to keep development projects in the pipeline and existing LIHTC projects right side up. Meanwhile, high income communities confront new "affordability" crises for teachers, police, and others previously capable of homeownership. Affordable housing nonprofits that developed the first wave of LIHTC projects are working to master strategies to buy-out investors while confronting new challenges in selling the credits needed for new development and rehab. Explore the mounting tax and financial risks that are part of the new reality of nonprofit affordable housing.
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Low Income Housing Tax Credit Financial Management Challenges