New York State Homes and Community Renewal (HCR) has released a new report entitled “A Performance Report of New York State’s Low Income Housing Tax Credit Portfolio.” This extensive report outlines the history of the federal LIHTC program since its inception in 1988, and the extraordinary success we’ve had administering it in New York State, allocating more than $6 billion in tax credits to assist the development of more than 53,000 units of affordable housing. Read More…
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