In the News

New Study Reveals Incomes and Rent Burdens of Tax Credit Households

August 1, 2012    
A study entitled "What Can We Learn about the Low Income Housing Tax Credit Program by Looking at the Tenants?" was recently released by Katherine O’Regan, Associate Professor at NYU Wagner Graduate School and the Furman Center, and Keren Horn, Assistant Professor of Economics at...
Feature

Insider's 2012 Survey Results: Tackling the Top Compliance and Management Challenges

July 15, 2012    
In today's economy, providing affordable housing to low-income families is more important than ever. There may be plenty of applicants, but there are also considerable challenges in verifying that they're qualified for the LIHTC program and in keeping up with rising operational costs. Last...
Dos & Don'ts

Let Prospects Pay Security Deposit by Credit Card

July 15, 2012    
If your tax credit site lets residents pay their rent by credit card, consider letting prospects pay their security deposits by credit card as well, suggests property manager Kristen Morgan. Doing so can increase the likelihood that prospects will sign a lease when they first visit your site, she...
Dos & Don'ts

Stagger Maintenance Staff's Work Shifts to Add Perceived Site Value

July 15, 2012    
Try staggering your maintenance staff's hours to add perceived value to your site, suggests marketing expert Tracey Hopkins. Maintenance staffs typically work the same hours that residents work, which means that most residents don't see the maintenance staff hard at work to keep the site...
Keeping It Straight

Are You LIHTC Fluent?

July 15, 2012    
Test your knowledge of common acronyms used in the low-income housing tax credit industry. On the lines below (or on a blank piece of paper), write down the terms associated with each of the following 50 acronyms. The answers appear on p. 8. This list was provided by Karen Graham of Karen A. Graham...
In the News

ICP Responds to Texas LIHTC Program's Remediation Plan

July 15, 2012    
In the May issue of the Insider, we highlighted a federal court ruling that held that the Texas Department of Housing and Community Affairs (TDHCA) unintentionally discriminated in its allocation of low-income housing tax credits (LIHTCs) [“In the News: Court Rules Texas LIHTC Program...