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 […]