Why Low-Income Housing Tax Credits are Flowing to Gentrifying Neighborhoods

2016 ◽  
Author(s):  
Benjamin Field
Keyword(s):  
Low Income ◽  
Tax Credits ◽  
Low Income Housing

Year 15 and the Preservation of Low-Income Housing Tax Credit Projects: Lessons from Detroit, Michigan

2020 ◽  
pp. 0739456X2096221
Author(s):  
Lan Deng
Keyword(s):  
At Risk ◽  
Low Income ◽  
Tax Credits ◽  
Tax Credit ◽  
Institutional Actors ◽  
National Housing ◽  
Low Income Housing

This study examines the efforts to preserve the Low-Income Housing Tax Credits (LIHTC) projects that are at risk from their year-15 transition in Detroit, Michigan. Using the preservation framework recommended by the National Housing Trust, the paper first identifies the risks LIHTC projects in Detroit face. It then reports what major institutional actors in LIHTC developments have done in addressing those risks, with particular attention to the roles these actors have played in shaping preservation needs and actions. The study concludes by discussing what broader lessons can be learned from Detroit with regard to the preservation of LIHTC projects nationwide.

Sign in / Sign up

Export Citation Format

Share Document