LIHTC Database Now Available in Searchable Format
A new mapping tool that presents HUD’s low-income housing tax credit data (LIHTC) in an interactive, searchable format is now available. The tool features data from the HUD LIHTC database and can be sorted by a variety of fields including congressional district, zip code or property name. Novogradic & Company, a CPA and consulting firm in California has released the tool.
The most important potential use for this innovative new tool is that supporters of the tax credit program can use the mapping tool to identify LIHTC properties in congressional districts to help communicate the benefits of the program to lawmakers. Monarch Housing Associates sees this as a wonderful advocacy opportunity!
Other potential uses include:
- Developers in states with distance requirements for LIHTC properties could use it for planning purposes;
- Not-for-profits looking for a for-profit developer could use the tool to find a developer with experience in a particular area; and
- Preservation advocates could use the tool to find properties approaching Year 15.
Click here for a link to the tool.