As the 30-year term of the Low-Income Housing Tax Credit expires for many affordable housing units, the families living there face steep rent hikes and evictions.
Hundreds of thousands of affordable housing units built using the Low-Income Housing Tax Credit (LIHTC) could lose their affordability requirements as the 30-year term of the program is set to lapse, according to an Associated Press report by Jesse Bedayn and Arushi Gupta.
By 2030, some 350,000 units could lose affordability, with the number growing to 1 million by 2040. The article notes that some units are kept affordable after LIHTC requirements by various other government subsidies or private landlords, but the loss could be devastating to those households that need affordable housing most.
Some state and local governments are taking steps to mitigate the crisis. In California, LIHTC projects must stay affordable for 55 years and tenants and cities have the first chance to buy the property if it comes up for sale. However, the article notes that most states have not extended the 30-year agreement or taken other steps to keep housing affordable beyond LIHTC limits.
FULL STORY: Takeaways from AP’s report on affordable housing disappearing across the U.S.
Rising Insurance Rates Squeezing Affordable Housing Developers
Spiking insurance costs in coastal areas prone to climate disasters are making it harder for low-income housing developers to keep building.
Affordable Housing Construction Costs Outpacing Tax Credits
Builders in Ohio warn that, without intervention from Congress, tax credits meant to support affordable housing construction won’t keep up with rising costs and demand.
White House Announces Plans for 100,000 Affordable Homes
The Biden administration has proposed a suite of policy and funding programs designed to create and protect 100,000 affordable housing units. If successful, the program will still fall well short of the need.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Crime Continues to Drop on Philly, San Francisco Transit Systems
SEPTA and BART both saw significant declines in violent crime in the first quarter of 2025.
How South LA Green Spaces Power Community Health and Hope
Green spaces like South L.A. Wetlands Park are helping South Los Angeles residents promote healthy lifestyles, build community, and advocate for improvements that reflect local needs in historically underserved neighborhoods.
Sacramento Plans ‘Quick-Build’ Road Safety Projects
The city wants to accelerate small-scale safety improvements that use low-cost equipment to make an impact at dangerous intersections.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service