‘Fixing’ the 4% LIHTC Rate Pays Significant Dividends

August 8, 2024

An article by Jim Campbell of Somerset Development Company, written for Novogradac’s Journal of Tax Credits, originally published in October 2021

After years of advocacy, education and lobbying by the Affordable Housing Tax
Credit Coalition and others in the affordable housing community, the Consolidated
Appropriations Act of 2021 was signed into law Dec. 27, 2020, effectively “fixing”
the 4% low-income housing tax credit (LIHTC).

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Fixing’ the 4% LIHTC Rate Pays Significant Dividends – Novogradac Oct 2021