Housing affordability is a problem across the country. In fact, one National Low-Income Housing Coalition study found that in 2017 there was no state that is untouched by this issue.
Low-income housing tax credits have been a legislative both the federal and state level for several decades. In some states, legislators have added incentives for historic preservation that supports the creation of preservation of affordable units. In the April 2018 issue of the Novogradac Journal of Tax Credits, we examine how some of these state programs are structured.
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Linking Affordable Housing to Historic Preservation Using Tax Credits