For years, housing advocates have sought tweaks to the Low Income Housing Tax Credit program that intend to bolster the number of affordable units produced each year. Recently, those advocates succeeded in their efforts, as two essential changes were codified as part of the sprawling One Big Beautiful Bill Act (H.R. 1), signed into [...]

Industry leaders discuss the lower bond threshold for LIHTC deals. A major change is on the horizon for affordable housing development as key provisions of the One Big Beautiful Bill begin to take effect. Among the most significant reforms is the permanent reduction of the bond financing threshold for 4% low-income housing tax credit [...]