Publications
August 15, 2008
Low-Income Housing Tax Credits: Affordable Housing Investment Opportunities for Banks
This Insights report describes how LIHTCs are used to develop affordable rental housing and how banks can benefit from investing in LIHTC-financed projects. It describes the two approaches for investing in LIHTCs — direct investments in individual affordable housing projects and fund investments that have multiple projects managed by third parties. The report outlines risks and regulatory considerations of LIHTC investments and describes how these investments would be treated in a Community Reinvestment Act (CRA) examination.
Low-Income Housing Tax Credits
Affordable Housing Investment Opportunities for Banks
This Insights report describes how LIHTCs are used to develop affordable rental housing and how banks can benefit from investing in LIHTC-financed projects. It describes the two approaches for investing in LIHTCs — direct investments in individual affordable housing projects and fund investments that have multiple projects managed by third parties. The report outlines risks and regulatory considerations of LIHTC investments and describes how these investments would be treated in a Community Reinvestment Act (CRA) examination.
Author: Community Affairs Department, US Department of the Treasury
Type: White Paper
Added: 2008-08-15
Download: Low-Income Housing Tax Credits
File Name: Treasury Dept_LIHTC_2008.pdf
File Size: 1.1MB
Warm Welcome Gulf Coast, an initiative of Back Bay Mission, is an outreach campaign to position affordable housing as critical to rebuilding the Mississippi Gulf Coast. Warm Welcome seeks to build upon the Coast’s rich tradition of diversity by promoting high-quality and well-maintained affordable housing. The development of diverse housing…
Warm Welcome Gulf Coast is an initiative of