How QAPs Promote Supportive Housing

Low-income housing tax credit (LIHTC) allocating agencies continue to promote the development of permanent supportive housing through the federal tax credit program.

Thirty-two jurisdiction implemented notable new policies or revised policies that encourage supportive housing development during the past two years, according to a new report by the Corporation for Supportive Housing (CSH).

Forty-six LIHTC allocating agencies provide potential scoring advantages for supportive housing, and 41 agencies provide general scoring incentives encouraging permanent supportive housing or special-needs housing, says CSH.

Fifteen agencies promote supportive housing with set-asides of credit authority. Three agencies have a threshold requirement of dedicating 5 percent to 10 percent of a development's units for permanent supportive housing, and four additional agencies have general threshold requirements that promote permanent supportive housing, says CSH.

The study looks at each state's qualified allocation plan, which is used to allocate the tax credits to affordable housing developers.

For more, visit www.csh.org.