Posted inHousing

Explainer: LIHTCs in general and in Orange County

The federal low-income housing tax credit (LIHTC) is not well understood, but is responsible for more than $1 billion of new real estate activity in North Carolina each year. Currently the state has more than 1,200 properties containing 70,000 units in almost every county, yet odds are hardly anyone reading this post can name one. How did the […]