low-income housing tax credit program

A new state audit says hundreds of families should have been offered a chance to buy their rented home in 2023 but never got a chance.

One of the main ways affordable housing gets built in this country is through federal tax credits. The Low Income Housing Tax Credit, which was passed by…

The low-income housing tax credit program gave way to a booming $8 billion private industry, but as tax credits for companies increased, the number of housing units being built for the poor fell.