From: HUD USER News
The Low-Income Housing Tax Credit (LIHTC)
program is the
federal government's primary vehicle
for facilitating
production of rental housing targeted
to low-income
households. Created by HUD and available
to the public
since 1997, the LIHTC database has
been updated to
include information on more than 29,225
projects and over
1.67 million housing units placed in
service between 1987
and 2006.
Created by the Tax Reform Act of 1986,
the LIHTC program
gives states the equivalent of nearly
$5 billion in
annual budget authority to issue tax
credits for the
acquisition, rehabilitation, or new
construction of
rental housing targeted to lower-income
households. The
LIHTC database includes project addresses,
number of
units and low-income units, number
of bedrooms, year the
credit was allocated, year the project
was placed in
service, whether the project was new
construction or
rehab, type of credit provided, and
other information on
project financing. The database has
been geocoded,
enabling researchers to look at the
geographical
distribution and neighborhood characteristics
of tax
credit projects. It may also help show
how incentives to
locate units in low-income areas and
other underserved
markets are working.
Data are available through the LIHTC
Database Access
website at www.huduser.gov/datasets/lihtc.html.
In
addition to downloading the entire
database, users may
extract limited sets of data by selecting
only variables
of interest, filtering for variable
values, or
restricting the geographic extent of
their query
at lihtc.huduser.gov.
Updating the Low-Income Housing Tax
Credit Database: Projects Placed
in Service through 2006,
a report presenting the results of
the most recent update
can be downloaded, free of charge,
at www.huduser.gov/Datasets/lihtc/report9506.pdf.
--------------------------------------
Please contact us at:
HUD USER
P.O. Box 23268
Washington, DC 20026-3268
1-800-245-2691
1-800-927-7589 (TDD)
202-708-9981 (fax)
--------------------------------------
The HUD USER News eList keeps
busy professionals in the
fields of housing and community development
informed of
new research and resources available
from the U.S.
Department of Housing and Urban Development's
Office of
Policy Development and Research (PD&R).
Periodically,
publication announcements and other
useful information
will be sent via the eList. The HUD
USER and Regulatory
Barriers Clearinghouses value your
privacy; we do not
share our mailing lists with other
groups, and you can
unsubscribe at any time.
You can search the eList archives
at https://www.huduser.gov/portal/elist/archive.html.
Why not share HUD USER's resources
and information with
a colleague? Forward this email to
associates who may be
interested in the housing research
and data sets we have
to offer. Thanks!
To keep up with the latest HUD research
and related
resources, you can also sign up for
a free subscription
to our ResearchWorks newsletter
(in either electronic or
print-based formats) by visiting https://www.huduser.gov/emaillists/subscr.html.
--------------------------------------
You were sent this HUD USER News
update because
you expressed interest in receiving
a weekly email to
stay informed of new HUD research and
resources. If you
no longer wish to receive this email,
please send an
email to hudusernews@huduser.gov
with "unsubscribe"
as the SUBJECT.
HUD Updates Low-Income Housing Tax Credit Database
eList