NYHC & NHC launch LIHTC Income Averaging
NYHC & NHC launch LIHTC Income Averaging, an infographic explaining the federal legislative proposal for income diversity in the housing tax credit and the potential benefits to affordable housing production in New York State and other high-cost markets.
Support LIHTC Income Averaging, a policy proposal for tax reform, which will make it easier to build housing affordable to extremely low-income households by raising the LIHTC income limit from 60% of Area Median Income to 80% AMI and allowing cross subsidization of rents within buildings.
Advocate for LIHTC Income Averaging by sharing the NYHC infographic with your U.S. Senator or Congressional Representative.
Click the image below to download the New York-version of two page handout
Click the image below to download the National-version of two page handout
Click the image below to download the California-version of two page handout
Tax-Exempt Housing Bonds are a vital financing tool that leverages public and private investment into affordable housing and economic growth. At marginal expense to the federal government, housing bonds put into a motion a huge multiplier effect that produces jobs and bolsters our country’s rental and owner-occupied housing stock.
Click the image below to download our infographic about income averaging.
NYHC launches new infographic highlighting benefits of RAD and addressing important public housing resident questions on tenant rights. Click to download full document.