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The Hamilton Project of the Brookings Institution recently released an update of its study on poverty in America. For the past few years, the Hamilton Project has released an annual report characterizing poverty in America. The latest one, “Who was Poor in the United States in 2017,” is intended to describe who is poor, inform anti-poverty policy, and aid in determining eligibility for means-tested programs.

As part of his first proposed budget, new California Governor Gavin Newsom proposed to aggressively reform the state’s housing supply laws by withholding transportation funds from local governments that don’t meet new housing production targets. The governor also proposes overhauling the state’s process for establishing regional housing quotas, so that the targeted numbers are bigger than they’ve been in the past.

The New York City Department of Housing Preservation and Development (HPD) allocates a portion of the State of New York's federal Low Income Housing Tax Credit. The amount of HPD's authority is negotiated annually with the state. Typically, HPD allocates $12 to $14 million in credits per year to 20 or more projects creating approximately 1,000 low-income units.

The A Call To Invest in Our Neighborhoods (ACTION) Campaign is a national, grassroots coalition of over 2,200 national, state, and local organizations and businesses calling on Congress to protect, expand, and strengthen the LIHTC program. The group recently updated its fact sheets showing the LIHTC’s impact in every congressional district and the affordable housing needs that still remain in every state.

Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee, recently introduced a revised year-end tax relief package that continues to include a provision to clarify that veterans are a specified group for purposes of the LIHTC program. Some industry members had raised concerns that while Section 42 allows LIHTC projects to include preferences for veterans, Section 142, which governs tax-exempt bonds, contains no similar exemption from the public use req...

A recent study from Apartment List entitled, The Housing Affordability Struggle of 21st Century Veterans, found that post-9/11 veterans are more likely to struggle with housing affordability than veterans of previous generations. According to the study, post-9/11 veterans have become the first and only generation of veterans to struggle with housing affordability compared to civilians of like ages and demographics.

Freddie Mac recently published two white papers, “LIHTC in Middle Appalachia” and “LIHTC in Indian Areas,” highlighting how the LIHTC is being used to bring affordable rental housing to underserved markets. The series is a component of Freddie Mac’s Duty to Serve plan to expand rental and homeownership opportunities in historically underserved markets.

A recent report by the Center on Budget and Policy Priorities (CBPP), Prohibiting Discrimination Against Renters Using Housing Vouchers Improves Results, finds that only one out of three housing voucher holders are protected by source-of-income non-discrimination laws. CBPP interviewed policy experts and practitioners from various states, counties, and cities to gain insights into enacting and implementing source-of-income non-discrimination laws.

Freddie Mac recently announced that it has closed its second LIHTC fund since re-entering the market earlier in September, and the first fund managed by Hudson Capital. The Hudson Housing Tax Credit Fund will invest nationwide to create and preserve affordable homes. It will focus on transactions in areas that have been underserved over the past decade, such as rural communities, 4 percent LIHTC financing, and developments that provide intensive supportive services to t...

The A Call To Invest in Our Neighborhoods (ACTION) Campaign is a national, grassroots coalition of over 2,200 national, state, and local organizations and businesses calling on Congress to protect, expand, and strengthen the Low-Income Housing Tax Credit (LIHTC). The ACTION Campaign recently updated its fact sheets, which show the impact of the LIHTC in every state. The fact sheets have been updated with data through 2016, the latest data available.