HUD released an updated version of the Low Income Housing Tax Credit Database. This resource provides detailed information on the nearly 2.5 million Low Income Housing Tax Credit (LIHTC) units placed in service since 1987. The latest version adds the 633 properties containing 44,992 units placed in service in 2012. It is also revised to include 558 properties placed in service between 1995 and 2011 that were not included in previous versions.
HUD’s database is the only source of comprehensive information on LIHTC properties. It includes characteristics for each property such as address, total number of units, number of low income units, population served (for example, whether units are targeted to people with disabilities, elderly people, formerly homeless, or families), whether the property received a 9% or 4% tax credit, and other sources of funding.
According to the summary table released with the database, an average of more than 1,400 projects containing 105,000 units were placed in service every year from 1995 to 2012. Forty-eight percent of all LIHTC properties have more than 50 units, and the average property has 75.6 units.
Some of the information in this database is included in the National Housing Preservation Database created by NLIHC and the Public and Affordable Housing Research Corporation (PAHRC), available at www.preservationdatabase.org.
To download the entire database, use the interactive system for accessing specific data, and download the summary table, go to: http://www.huduser.org/portal/datasets/lihtc.html
More information about the Low Income Housing Tax Credit program is on page 254 of NLIHC’s 2014 Advocates’ Guide, at: http://nlihc.org/sites/default/files/2014AG-254.pdf