Insuring affordable housing From: American Agent & Broker | Date: April 1, 2007| Author: | Copyright Pfingsten Publishing, L.L.C. Apr 2007. Provided by ProQuest LLC.Copyright information

WHEN I tell colleagues my market niche is affordable housing, I often get raised eyebrows. When you say affordable housing, many people envision run-down public housing and neighborhoods they wouldn't want to live in. These stereotypes, however, no longer paint an accurate picture of the industry.

The affordable housing market changed dramatically in 1986, when the federal government introduced the Low Income Housing Tax Credit. The LIHTC offers private developers incentives to build low-income rental housing. The tax credits are distributed through allocating agencies, and developers can use ...

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