Who wants a computer game where you try to finance and entitle a LIHTC building
June 6, 2026 at 4:21 AM
Who wants a computer game where you try to finance and entitle a LIHTC building
New Jersey's 23-game Jeopardy champion Jamie Ding is more than a self-described faceless bureaucrat. He allocates Low-Income Housing Tax Credits ("LIHTC") to fund affordable housing construction across New Jersey.
We used his historic run to explain LIHTC!
betterblocksnj.org/2026/04/16/j...
We used his historic run to explain LIHTC!
betterblocksnj.org/2026/04/16/j...
April 16, 2026 at 12:10 PM
New Jersey's 23-game Jeopardy champion Jamie Ding is more than a self-described faceless bureaucrat. He allocates Low-Income Housing Tax Credits ("LIHTC") to fund affordable housing construction across New Jersey.
We used his historic run to explain LIHTC!
betterblocksnj.org/2026/04/16/j...
We used his historic run to explain LIHTC!
betterblocksnj.org/2026/04/16/j...
Developers of LIHTC properties are generally giddy over proposed increase & changes to LIHTC in House resolution.
By itself, it's good to have more LIHTC $$.
But if LIHTC tenants get hit w/Medicaid & SNAP cuts, many tenants will have trouble paying rent & that could destabilize LIHTC properties.
By itself, it's good to have more LIHTC $$.
But if LIHTC tenants get hit w/Medicaid & SNAP cuts, many tenants will have trouble paying rent & that could destabilize LIHTC properties.
May 23, 2025 at 2:45 PM
Developers of LIHTC properties are generally giddy over proposed increase & changes to LIHTC in House resolution.
By itself, it's good to have more LIHTC $$.
But if LIHTC tenants get hit w/Medicaid & SNAP cuts, many tenants will have trouble paying rent & that could destabilize LIHTC properties.
By itself, it's good to have more LIHTC $$.
But if LIHTC tenants get hit w/Medicaid & SNAP cuts, many tenants will have trouble paying rent & that could destabilize LIHTC properties.
hot girls are answering very important polling questions on their LIHTC training
January 30, 2025 at 6:04 PM
hot girls are answering very important polling questions on their LIHTC training
I made an entry into the "affordable housing construction costs" discourse daniel-kay-hertz.ghost.io/lihtc-costs/
Why are LIHTC projects so expensive to build?
For at least a year, in certain very particular corners of LinkedIn, Substack, X, and Bluesky (along with the Crain's and Tribune editorial pages), affordable housing construction costs have been a ho...
daniel-kay-hertz.ghost.io
May 26, 2025 at 3:06 AM
I made an entry into the "affordable housing construction costs" discourse daniel-kay-hertz.ghost.io/lihtc-costs/
🧵 We're currently building a mixed income building in Charlotte where 30% of units are financed by LIHTC.
I'm starting a running list of requirements in the LIHTC units that are superior to conventional market rate apartments and thus drive up cost: 1/
I'm starting a running list of requirements in the LIHTC units that are superior to conventional market rate apartments and thus drive up cost: 1/
July 9, 2025 at 2:29 PM
🧵 We're currently building a mixed income building in Charlotte where 30% of units are financed by LIHTC.
I'm starting a running list of requirements in the LIHTC units that are superior to conventional market rate apartments and thus drive up cost: 1/
I'm starting a running list of requirements in the LIHTC units that are superior to conventional market rate apartments and thus drive up cost: 1/
Since the LIHTC program was created in 1986, the number of LIHTC units has risen every year as the program has become the major generator of affordable housing in the US.
Because of affordability expiration, however, the number of LIHTC units is expected to begin falling over the next decade.
Because of affordability expiration, however, the number of LIHTC units is expected to begin falling over the next decade.
Expirations and early exits of LIHTC units: Implications for the affordable housing stock - Federal Reserve Bank of Chicago
The Low-Income Housing Tax Credit (LIHTC) is the nation’s largest source of financing for the development and preservation of affordable rental housing. The program provides tax credits to developers ...
www.chicagofed.org
October 31, 2025 at 3:06 AM
Since the LIHTC program was created in 1986, the number of LIHTC units has risen every year as the program has become the major generator of affordable housing in the US.
Because of affordability expiration, however, the number of LIHTC units is expected to begin falling over the next decade.
Because of affordability expiration, however, the number of LIHTC units is expected to begin falling over the next decade.
We could probably hit this by spending the annual cost of Van Hollen's dumb tax cut on expanding the LIHTC. Even better if we put effort into making it more efficient.
The housing shortage is big, and getting out of it will take a long time. For multifamily, we would have to jump from 350k to 600k homes per year (which we haven't done since the 80s) and maintain that level through 2033. The timelines are much worse for lower production levels.
March 25, 2026 at 12:56 AM
We could probably hit this by spending the annual cost of Van Hollen's dumb tax cut on expanding the LIHTC. Even better if we put effort into making it more efficient.
Every major source of affordable housing funding, e.g. LIHTC, requires the applicant (including authorities) to have entitlements cleared. That means the zoning has to allow you to actually build the thing without a long, drawn out, discretionary public review process.
Public housing vs zoning reform is another false contradiction, as demonstrated by Minneapolis’s 2040 Plan. See this new Minneapolis Public Housing Authority 6plex, enabled by zoning reforms.
An MPHA staffer told me zoning reforms let them to do more w the land they have
An MPHA staffer told me zoning reforms let them to do more w the land they have
April 1, 2025 at 12:27 AM
Every major source of affordable housing funding, e.g. LIHTC, requires the applicant (including authorities) to have entitlements cleared. That means the zoning has to allow you to actually build the thing without a long, drawn out, discretionary public review process.
You could nearly triple the LIHTC for the cost of the mortgage interest deduction, I'd love to see a populist Democrat propose that.
March 9, 2026 at 1:48 PM
You could nearly triple the LIHTC for the cost of the mortgage interest deduction, I'd love to see a populist Democrat propose that.
LIHTC projects generally required to be open to general public. But Artist Housing gets special treatment under LIHTC statute (Sec 42). Mostly due to lobbying by influential developer of artist housing, not greater need than other occupations.
One thing we discovered when we talked to residents of subsidized "artist's lofts" is that many WEREN'T ARTISTS. We found waiters, professionals, even a sailboat salesman. They had simply submitted a "portfolio" of doodles and qualified.
Meanwhile many black artists told us they couldn't get in.
Meanwhile many black artists told us they couldn't get in.
I was just hearing from a neighbor who was mad that the "artist lofts" in a POSH development in our neighborhood didn't have enough artists in them; she was seeing too many non-artists around.
August 27, 2026 at 8:01 PM
LIHTC projects generally required to be open to general public. But Artist Housing gets special treatment under LIHTC statute (Sec 42). Mostly due to lobbying by influential developer of artist housing, not greater need than other occupations.
This figure should make everyone in the state of CA furious. Market rate multifamily building costs in CA are 2.5x+ Texas.
This is also, for the record, the kind of thing that drives insurance premiums through the roof. If builders pay this to build, insurers pay it to rebuild.
This is also, for the record, the kind of thing that drives insurance premiums through the roof. If builders pay this to build, insurers pay it to rebuild.
April 11, 2026 at 2:40 PM
This figure should make everyone in the state of CA furious. Market rate multifamily building costs in CA are 2.5x+ Texas.
This is also, for the record, the kind of thing that drives insurance premiums through the roof. If builders pay this to build, insurers pay it to rebuild.
This is also, for the record, the kind of thing that drives insurance premiums through the roof. If builders pay this to build, insurers pay it to rebuild.
Please bro just more gap funding for LIHTC. Just a little more gap funding for LIHTC projects and we’ll solve the housing crisis. We are focusing too much on streamlining and zoning and building costs. All we need is more gap funding for a stagnant pool of LIHTC, I promise bro please believe me.
May 19, 2025 at 6:09 PM
Please bro just more gap funding for LIHTC. Just a little more gap funding for LIHTC projects and we’ll solve the housing crisis. We are focusing too much on streamlining and zoning and building costs. All we need is more gap funding for a stagnant pool of LIHTC, I promise bro please believe me.
Anyone know what's going on with LIHTC development in Colorado? This report got a lot of attention for high costs in CA and high LIHTC costs relative to market-rate in CA and TX, but I don't recall anyone talking about how CO is building LIHTC cheaper than market-rate. www.rand.org/pubs/researc...
August 17, 2026 at 10:03 PM
Anyone know what's going on with LIHTC development in Colorado? This report got a lot of attention for high costs in CA and high LIHTC costs relative to market-rate in CA and TX, but I don't recall anyone talking about how CO is building LIHTC cheaper than market-rate. www.rand.org/pubs/researc...
Lots of housing people follow me, so scroll down to the accusations about how Gay plagiarized scholarly writing about LIHTC. How would you have written those sentences differently?
freebeacon.com
August 15, 2026 at 11:57 PM
Lots of housing people follow me, so scroll down to the accusations about how Gay plagiarized scholarly writing about LIHTC. How would you have written those sentences differently?
The Pascua Yaqui Tribe invested $1.5M and leveraged LIHTC to build a $27.3M elder housing complex. Around 60% of the homes the tribe has built for citizens came through this model.When tribes lead, communities thrive. tribalbusinessnews.com/sections/rea...
Pascua Yaqui Tribe leverages LIHTC to turn $1.5M investment into $27.3M elder housing project
The Pascua Yaqui Tribe used Low-Income Housing Tax Credits to leverage a $1.5 million tribal investment into a $27.3 million elder housing development, marking its 10th LIHTC-financed project and…
tribalbusinessnews.com
July 24, 2026 at 6:24 PM
The Pascua Yaqui Tribe invested $1.5M and leveraged LIHTC to build a $27.3M elder housing complex. Around 60% of the homes the tribe has built for citizens came through this model.When tribes lead, communities thrive. tribalbusinessnews.com/sections/rea...
New @ifp.bsky.social - @niskanencenter.bsky.social housing collab out today:
Congress can & should restrict LIHTC eligibility for the most expensive big blue cities unless they adopt basic pro-housing reforms
-Why LIHTC?
-Why big expensive cities specifically?
Let's get into it🧵
Congress can & should restrict LIHTC eligibility for the most expensive big blue cities unless they adopt basic pro-housing reforms
-Why LIHTC?
-Why big expensive cities specifically?
Let's get into it🧵
January 21, 2025 at 8:06 PM
New @ifp.bsky.social - @niskanencenter.bsky.social housing collab out today:
Congress can & should restrict LIHTC eligibility for the most expensive big blue cities unless they adopt basic pro-housing reforms
-Why LIHTC?
-Why big expensive cities specifically?
Let's get into it🧵
Congress can & should restrict LIHTC eligibility for the most expensive big blue cities unless they adopt basic pro-housing reforms
-Why LIHTC?
-Why big expensive cities specifically?
Let's get into it🧵
New academic study: Inclusionary zoning costs renters $800k per affordable unit created. This is more than the per-unit cost for the Low Income Housing Tax Credit program. While LIHTC which is largely funded by the rich via income taxes, IZOs are regressive because they place the burden on renters.
August 14, 2026 at 3:38 AM
New academic study: Inclusionary zoning costs renters $800k per affordable unit created. This is more than the per-unit cost for the Low Income Housing Tax Credit program. While LIHTC which is largely funded by the rich via income taxes, IZOs are regressive because they place the burden on renters.
This is an indictment of our rapidly decaying & dysfunctional social safety net. 100% yes problems w underwriting & requirements of LIHTC, etc, but a working & funded behavioral & physical health system (way more residential treatment) would go a long way to resolving dysfunction & harm
September 25, 2026 at 6:39 PM
This is an indictment of our rapidly decaying & dysfunctional social safety net. 100% yes problems w underwriting & requirements of LIHTC, etc, but a working & funded behavioral & physical health system (way more residential treatment) would go a long way to resolving dysfunction & harm
Much to think about on the cost problems in affordable housing, especially for LIHTC. In Minnesota, for example, LIHTC projects cost ~20% more than other AFFORDABLE projects to build. A study in CA had a similar estimate www.mnhousing.gov/content/publ...
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
November 15, 2024 at 4:55 AM
Much to think about on the cost problems in affordable housing, especially for LIHTC. In Minnesota, for example, LIHTC projects cost ~20% more than other AFFORDABLE projects to build. A study in CA had a similar estimate www.mnhousing.gov/content/publ...
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
public housing is cool and good but almost every PHIMBY i've ever met functionally means "ONLY public housing should be built" and would rather see no units added at all than see 500 LIHTC or market rate units come online
May 20, 2026 at 4:21 PM
public housing is cool and good but almost every PHIMBY i've ever met functionally means "ONLY public housing should be built" and would rather see no units added at all than see 500 LIHTC or market rate units come online
Do I know anybody with ME or long Covid that lives in LIHTC housing or has had trouble getting into LIHTC housing? Other terms for LIHTC are “section 42” or “income restricted.” @meactnet.bsky.social if so, I would love to speak to you! Looking for sources for a potential story.
April 3, 2026 at 10:05 PM
Do I know anybody with ME or long Covid that lives in LIHTC housing or has had trouble getting into LIHTC housing? Other terms for LIHTC are “section 42” or “income restricted.” @meactnet.bsky.social if so, I would love to speak to you! Looking for sources for a potential story.
As someone who has worked on over 1.5 billion of affordable #housing projects, I can assure you the “look” of current AH is nothing like the stereotypes ppl hold.
May 12, 2025 at 7:09 PM
As someone who has worked on over 1.5 billion of affordable #housing projects, I can assure you the “look” of current AH is nothing like the stereotypes ppl hold.
I’m skeptical this administration will zero out LIHTC. But if they do it’s basically Social Housing or bust. There truly is no alternative to build affordable housing at scale.
February 14, 2025 at 5:30 PM
I’m skeptical this administration will zero out LIHTC. But if they do it’s basically Social Housing or bust. There truly is no alternative to build affordable housing at scale.
"LIHTC developments in low-income areas cause aggregate welfare benefits of $116 million. Affordable housing development acts like a place-based policy and can revitalize low-income communities." www.journals.uchicago.edu/doi/abs/10.1...
Who Wants Affordable Housing in Their Backyard? An Equilibrium Analysis of Low-Income Property Development | Journal of Political Economy: Vol 127, No 3
We nonparametrically estimate spillovers of properties financed by the Low Income Housing Tax Credit (LIHTC) onto neighborhood residents by developing a new difference-in-differences style estimator. ...
www.journals.uchicago.edu
May 9, 2025 at 1:53 AM
"LIHTC developments in low-income areas cause aggregate welfare benefits of $116 million. Affordable housing development acts like a place-based policy and can revitalize low-income communities." www.journals.uchicago.edu/doi/abs/10.1...