Singhal, Monica; Dharmapala, Dhammika; Desai, Mihir A. - Kennedy School of Government, Harvard University - 2010
The Low Income Housing Tax Credit (LIHTC) represents a novel tax expenditure program that employs “investable†tax credits to spur production of low-income rental housing. While it has grown into the largest source of new affordable housing in the U.S. and its structure is now being...