As a number of state housing finance agencies have been busy updating their 2011 qualified allocation plans, Affordable Housing Finance recently asked readers what they would like to see in the allocation of low-income housing tax credits in 2011.
Almost half of the respondents—41.2%—said they would like to see an increased emphasis on lower-income targeting. Fixing the tax credit price used in underwriting applications and awarding more credits to new construction projects were the next highest priorities that respondents would like to see from housing finance agencies, followed by an increase in the maximum award size, improvements to geographic distribution of credit allocations, and an increased emphasis on green features.
