The Low-Income Housing Tax Credit (LIHTC) program is one of the most important tools for creating affordable housing in the United States, but how did it come to be?
Shaped over decades by evolving housing policies, shifting economic goals, and ongoing efforts to develop sustainable solutions to the increasing demand for affordable housing, each stage of the LIHTC program offers opportunities to help develop a more balanced, partnership-focused approach to addressing the rising housing need.
In this short introductory video, available in the Fundamentals of the LIHTC Program course developed by the HAI Group Housing Training Institute and Baker Tilly, you will receive a high-level look at the history of LIHTC, the policy shifts that shaped it, and why it remains a cornerstone of affordable housing development today.
A lasting impact
Today, LIHTC stands as a powerful example of a successful public-private partnership. By exchanging tax credits for equity investment, the program reduces development costs and helps keep rents affordable for residents.
Over time, it has supported the creation of millions of affordable housing units nationwide and continues to serve as a cornerstone of housing policy, delivering high-quality housing while maintaining strong financial performance.
Continue learning with the Housing Training Institute
This video offers a brief introduction to HAI Group and Baker Tilly’s Fundamentals of the LIHTC Program, where we join Don Bernards, principal at Baker Tilly, and explore how the LIHTC program works in practice and how housing professionals can apply it successfully.
For a deeper dive into LIHTC, you can enroll in the Fundamentals course. You can also explore additional training opportunities on the Housing Training Institute learning portal.
Additional resources
Learn more about LIHTC with these resources: