PPT-LIHTC Basics: Affordable Housing 101

Presented by Chris Paul and Karyntha Cadogan Diamond and Associates June 27 2018 LIHTC BASICS Context pre1986 Since the 1930s funding for affordable housing has varied a function of fiscal and political policy. Research and Data from Florida. Anne . Ray. June 28, 2013. Assisted Housing Inventory (AHI). 2,266 developments with 246,577 assisted units. Active funding from HUD, USDA, Florida Housing, local housing finance agency. Emma Lindley. Background. Private Rented Sector Coordinator at Futures . Homescape. BSc from DMU via distance learning. Chartered Institute of Housing bursary & board member. The research considered.... Arminda L. Alexander. SFU Community Trust Summer 2012 Internship. Presented September 13, 2012. Objectives of SFU Trust Internship. “To . examine the economic feasibility of developing more affordable housing at UniverCity; develop basic . How to Plan for and finance affordable housing in your community. Infrastructure Conference, October 28, 2016 . Presenter:. Isidoro Hernandez, Deputy Director of Programs. What is MFA?. MFA provides . Steve Bevington . Managing Director . Community Housing Limited Group. , . Australia. Common myths about home ownership and renting. In rich countries everyone owns their home?. There does not appear to be . Richman Housing Resources LLC. April 2013. A Market Re-defined. LIHTC Since 2007. 2007. 2013. Overview. We’ll look back, review some trends, & then gaze, however obscurely through our crystal ball, at what’s ahead.. Means families pay no more than 30% of their household’s income for rent . Example: $2,000/month . . $600/month spent on . . housing (rent, utilities, etc.). FWHS has programs ranging from those for families with extremely low incomes to those making up to 80% of area median income.. AFFORDABLE HOUSING. Presented . October 27, 2018. Natalie Minev. Staff Attorney. Legal Aid Foundation of Los Angeles. TOPICS FOR DISCUSSION. Quick Facts. What is LIHTC?. Why was it created?. How does it work? . Bustillo. , Bernice . Boateng. , Jeannette Perez, . Isary. Gutierrez, Crystal . Mordiglia. Issue/Problem/Community Needs. Financial burden for residents. Low income families. Fixed income. Gentrification. What is a Low Income Housing Tax Credit (LIHTC)?. Section 42 of the Internal Revenue Code. Allocated to entities that build or rehabilitate rental housing. Claimed over 10 years. Compliance period of 15 years. Feasibility Analysis of Affordable Housing on Underutilized City-Owned Property Howard Lazarus, City Administrator Jennifer Hall, Executive Director Ann Arbor Housing Commission Derek Delacourt, Community Services Area Administrator x0000x0000 2 Message Fromthe Assistant Secretary t is my pleasure to present this report Understanding Whom the LIHTC Program Serves Tenants in LIHTC Units as of December 31 201The LIHTC is a critical 750applies to document preparation and recording outside of initial project financing would include things such as ownership transfers Utility Consumption Modeling100 plus 3/unitapplies to Utility Con . Public Workshop. March 16, 2022. Project Team. Tonight's Agenda. 1) . Introduction. What is Affordable Housing and 8-30j?. What does this mean for Middletown?. 2) . Resources Review. Community Survey Results.