Low-Income Housing Tax Credit Program

The Low-Income Housing Tax Credit (LIHTC) Program is a U.S. government initiative that encourages private developers to build and maintain affordable rental housing for low- and moderate-income families. By offering tax credits—reducing their federal tax liability—developers are incentivized to invest in these projects. This program helps increase the availability of affordable homes, supports community stability, and promotes economic diversity. It is a partnership between the federal government and private sector, making it a key tool for addressing housing affordability shortages nationwide.