LIHTC database study available

This week HUD posted the companion study to its update on the Low-Income Housing Tax Credit (LIHTC) Database. The update (through 2002) appeared on the database site some time ago, but the statistical study of the figures only just became available online. Findings include that LIHTC projects have gotten steadily bigger, a change attributed to the greater involvement of tax-exempt bond financing. Nonprofit sponsorship rates rose through the mid-'90s but declined after 1998. More than 40% of properties had at least some Section 8 voucher tenants.