The low-income housing tax credit (LIHTC) has less than a 50 percent chance of survival if the affordable housing industry does nothing, said Terri Ludwig, president and CEO of Enterprise Community Partners.
Ludwig sounded the alarm to several hundred developers attending the AHF Live conference in Chicago.
Others have warned that the mighty LIHTC could be eliminated as Congress sets its eyes on tax reform, but Ludwig went further and laid down tough odds for the industry to consider.
Read more...LIHTC's 50-50 Outlook - Lihtc, Equity, Tax Credits - Multifamily Executive Magazine
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