The Buzz: Producing housing for the poor: a challenge moving to the front burner

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Date Published: 09/01/2009

Author: Buzz Roberts, LISC Senior Vice President for Policy

Buzz Roberts discusses the challenges of finding a long-term solution for financing housing for the poor. Published in the September 2009 issue of Novogradac Journal of Tax Credit Housing.


Congress recently enacted two laws designed to produce housing for poor families and individuals who by any measure have the greatest affordable housing need, and more programs may be on the way. Policymakers want to combine these programs with equity from low-income housing tax credits (LIHTCs).

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This article first appeared in the September 2009 issue of the Novogradac Journal of Tax Credit Housing and is reproduced here with the permission of Novogradac & Company LLP.

© Novogradac & Company LLP 2009 - All Rights Reserved.

Notice pursuant to IRS regulations: Any U.S. federal tax advice contained in this article is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties under the Internal Revenue Code; nor is any such advice intended to be used to support the promotion or marketing of a transaction. Any advice expressed in this article is limited to the federal tax issues addressed in it. Additional issues may exist outside the limited scope of any advice provided – any such advice does not consider or provide a conclusion with respect to any additional issues. Taxpayers contemplating undertaking a transaction should seek advice based on their particular circumstances.

This editorial material is for informational purposes only and should not be construed otherwise. Advice and interpretation regarding property compliance or any other material covered in this article can only be obtained from your tax advisor. For further information visit www.taxcredithousing.com.

Topics: Housing, Policy

Type: Trade Article