The Low Income Housing Tax Credit Program

The Danter Company has prepared this special resource collection for those interested in the Low Income Housing Tax Credit (LIHTC) program. The LIHTC program has been one of the most important programs providing affordable housing in the United States since its inception.  The Danter Company has been conducting market feasibility studies for LIHTC projects since 1987.  The Danter Company is a member of the National Council of Affordable Housing Market Analysts.

Basic Information:

• About the Low Income Housing Tax Credit  program
• Follow the Money: Chart Illustrating the Low Income Housing Tax Credit Program in Action
• How are Low Income Housing Tax Credit rents determined?
• Who can live in a Low Income Housing Tax Credit unit?
• State housing finance agency contact information

Statistical Overview of the Low Income Housing Tax Credit program (now updated for 2008 allocations)

• Low Income Housing Tax Credit Units Authorized by State
• Allocations by Population  
• Average Allocation Per Low Income Housing Tax Credit Unit by State  
• LIHTC Units Relative to Multifamily Permits  
• LIHTC Units Relative to Household Growth
• Excel spreadsheet with LIHTC statistical data

Information Resources

Low Income Housing Tax Credit Maximum Income and Rent Database Query Form:   

     Updated for 2013
     Input the state and county and find out the area median rent, maximum incomes by household size, and maximum rents by unit size.

• New England - CT, MA, ME, NH, RI, VT (find by town/city/plantation/unorganized territory)
• All Other US and territories

Fair Market Rent Database
    **Now updated for 2013 (effective 10/11/2012)**
     Due to changes in the way Fair Market Rents are calculated, we have created a separate database for Fair Market Rents that takes into account new FMR-only designated areas, and that now works properly for New England.

Qualified Census Tracts *Updated for 2013 eligible areas*

• How are QCTs determined?
• Qualified Census Tract Database:  We put the Qualified Census Tract database online.  Enter the year, county and the state and find out which tracts qualify.  
• Census Bureau Tract Locator:  Enter an address and zip and find out what tract your property is in.  This is the updated database for use with 2000 tracts. Use with QCT Database above.

Difficult Development Areas  *Updated for 2013 eligible areas*

• What they are
• List of qualifying areas by state (metropolitan)
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
• List of qualifying areas by state (nonmetropolitan areas)
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008

Get notified when we update FMRs, Area Median Incomes, QCTs and DDAs:
Join the Danter LIHTC Mailing List

Current Metropolitan Statistical Area Definitions

Find Local Housing Agencies:
    Query our database of local agencies by state for address and phone numbers

Special Report: "The Impact of LIHTC Development on Local Schools."   We examined the number of children per household at LIHTC projects and compared these data with national household trends.  Available in HTML or Acrobat formats.

Links

• LIHTC and Real Estate Links of Interest

Danter Company LIHTC Services

• LIHTC Services offered by The Danter Company
• Sample LIHTC multifamily market feasibility study

Would your community like to participate in The Danter Company's research?  We are looking for LIHTC communities across the country who would be willing to provide us with basic demographic information (without names, of course) about their resident households (number of occupants, number of children, type of unit, income, rent, previous address, previous tenure [rent or own]).  Participating communities will receive a detailed overview of the compiled demographics, plus a detailed overview of their own residents.