Cambridge, MA – Harvard University’s Joint Center for Housing Studies has published a new policy brief on the Low Income Housing Tax Credit program, the nation’s primary program for the creation and preservation of affordable rental housing. See the full report.
Drawing upon interviews with over two dozen industry experts and a focus session held last year with leading stakeholders, Harvard’s researchers conclude that the tax credits are a “durable, politically resilient and popular program that benefits significantly from its enabling legislation as part of the tax code, its wide geographic scope, and its state-level implementation.”
Learn more about how Maryland is using the federal Low Income Housing Tax Credits as well as Recovery Act funding through the Section 1602 program and the Tax Credit Assistance Program to increase affordable housing opportunities for working families throughout the state.
The Joint Center report also has been posted by the National Council of State Housing Agencies blog.