Affordable Housing, Community Development, Reports and Publications, Supportive Housing

Understanding LIHTC Tenants

U.S Department of Housing and Urban Development and Office of Policy Development and Research
 

The U.S. Department of Housing and Urban Development and the Office of Policy Development and Research have published a report, "Understanding Whom the LIHTC Program Serves: Tenants in LIHTC Units as of Dec. 31, 2014," which explores demographic and economic data on Low-Income Housing Tax Credit Program tenants. The program provides tax credits to developers of affordable rental housing. The credits extend to the first 10 years of a minimum 30-year compliance period in which rent and income restrictions apply.

One of the report's graphs explores the race and ethnicity of the heads of LIHTC households. In Connecticut, with just over 69% of households reporting, 31.1% where white, 22.3% were black or African American, and 23.7% were Hispanic. Also in Connecticut, the median household income was $19,188.

This is the first public release of information since the 2008 Housing and Economic Recovery Act (HERA).

The data was compiled by states, in what the report called a "tremendous effort."
 

To access the report, click here.

 

 
 

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