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The Intersection of Community Engagement + Innovative Design in LIHTC Development

Anna Lam
With the continuing and growing need for affordable housing, governments all over the United States are working towards solutions to address the demand for housing particularly for low-income populations that cannot keep up with the rise in rents. One of the most prominent solutions in the past two decades is the Low-Income Housing Tax Credit Program (LIHTC). Created in 1986, LIHTC is a federal subsidy used to finance the construction and rehabilitation of low-income affordable rental housing. With over 3.7 million units constructed or rehabilitated since its inception, the LIHTC program has impacted over 8 million families and is seen…