LIHTC Units Relative to Multifamily Permits
In order to examine the impact of the LIHTC program on
multifamily starts, we compared the the total number of low
income units authorized to the number of multifamily units
authorized. Based on our research, we estimate that
approximately 75% of LIHTC units authorized are new construction
units placed in service. The remaining 25% of LIHTC units authorized are for renovation units, single-family
units, or are not placed in service. Therefore, we have
adjusted for these factors.
Why would a state have more LIHTC units authorized than
multifamily starts? First, the state may be
authorizing a higher percentage of renovations or single-family
units than our adjustment factor. Second, the number of
multifamily permits might be underreported. Many
municipalities do not report permits to the Commerce Department,
or do not require permits, and so the Commerce Department
estimates permits based on a variety of factors.
| State Name |
Total TC Units (1987-2008) |
Adjusted TC Units |
Total MF Permits (1987-2008) |
Ratio of LIHTC Units to Multifamily Permits |
| Alabama |
35,794 |
26,846 |
99,555 |
26.97% |
| Alaska |
2,798 |
2,099 |
14,969 |
14.02% |
| Arizona |
24,323 |
18,242 |
196,688 |
9.27% |
| Arkansas |
19,848 |
14,886 |
69,993 |
21.27% |
| California |
128,752 |
96,564 |
955,317 |
10.11% |
| Colorado |
20,416 |
15,312 |
175,499 |
8.72% |
| Connecticut |
12,826 |
9,620 |
51,866 |
18.55% |
| Delaware |
7,178 |
5,384 |
16,613 |
32.41% |
| District of Columbia |
7,077 |
5,308 |
15,083 |
35.19% |
| Florida |
94,918 |
71,189 |
1,018,354 |
6.99% |
| Georgia |
59,364 |
44,523 |
335,056 |
13.29% |
| Hawaii |
4,374 |
3,281 |
46,266 |
7.09% |
| Idaho |
8,070 |
6,053 |
40,350 |
15.00% |
| Illinois |
65,726 |
49,295 |
293,000 |
16.82% |
| Indiana |
40,009 |
30,007 |
161,801 |
18.55% |
| Iowa |
20,966 |
15,725 |
74,978 |
20.97% |
| Kansas |
23,054 |
17,291 |
65,792 |
26.28% |
| Kentucky |
29,786 |
22,340 |
83,334 |
26.81% |
| Louisiana |
49,094 |
36,821 |
54,982 |
66.97% |
| Maine |
6,487 |
4,865 |
15,637 |
31.11% |
| Maryland |
37,161 |
27,871 |
123,699 |
22.53% |
| Massachusetts |
34,148 |
25,611 |
110,265 |
23.23% |
| Michigan |
65,789 |
49,342 |
189,757 |
26.00% |
| Minnesota |
30,580 |
22,935 |
137,478 |
16.68% |
| Mississippi |
37,888 |
28,416 |
55,930 |
50.81% |
| Missouri |
36,476 |
27,357 |
132,058 |
20.72% |
| Montana |
4,750 |
3,563 |
19,751 |
18.04% |
| Nebraska |
11,823 |
8,867 |
50,077 |
17.71% |
| Nevada |
10,784 |
8,088 |
206,714 |
3.91% |
| New Hampshire |
4,528 |
3,396 |
25,268 |
13.44% |
| New Jersey |
31,453 |
23,590 |
182,944 |
12.89% |
| New Mexico |
11,669 |
8,752 |
27,372 |
31.97% |
| New York |
83,341 |
62,506 |
431,758 |
14.48% |
| North Carolina |
46,944 |
35,208 |
302,130 |
11.65% |
| North Dakota |
5,995 |
4,496 |
27,536 |
16.33% |
| Ohio |
78,948 |
59,211 |
250,298 |
23.66% |
| Oklahoma |
29,650 |
22,238 |
41,173 |
54.01% |
| Oregon |
20,239 |
15,179 |
154,647 |
9.82% |
| Pennsylvania |
61,762 |
46,322 |
138,325 |
33.49% |
| Rhode Island |
7,081 |
5,311 |
13,726 |
38.69% |
| South Carolina |
27,262 |
20,447 |
135,533 |
15.09% |
| South Dakota |
7,375 |
5,531 |
24,548 |
22.53% |
| Tennessee |
38,276 |
28,707 |
138,113 |
20.79% |
| Texas |
191,923 |
143,942 |
710,719 |
20.25% |
| Utah |
14,960 |
11,220 |
71,057 |
15.79% |
| Vermont |
5,082 |
3,812 |
10,146 |
37.57% |
| Virginia |
56,834 |
42,626 |
240,622 |
17.71% |
| Washington |
30,366 |
22,775 |
308,916 |
7.37% |
| West Virginia |
12,374 |
9,281 |
12,580 |
73.77% |
| Wisconsin |
37,662 |
28,247 |
224,130 |
12.60% |
| Wyoming |
4,233 |
3,175 |
7,457 |
42.57% |
Additional detailed analyses of the LIHTC program at the
state level.
Back to main LIHTC page
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