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About The Low-Income Housing Tax Credit
The Low-Income Housing Tax Credit (Housing Credit, or LIHTC) is a model public-private partnership built on a “pay-for-success” model. The Housing Credit (LIHTC) is responsible for financing nearly all affordable housing development in the U.S. Housing simply costs too much to build for owners to charge rents that are affordable to low-income households without an incentive like the Housing Credit (LIHTC).