The Low-Income Housing Tax Credit (Housing Credit) is our nation’s primary tool to create and preserve affordable rental housing.
- Since 1986, the Housing Credit has financed the development of more than 3.5 million affordable homes in urban, suburban, and rural areas according to the National Council of State Housing Agencies.
- These apartments have provided affordable homes to over eight million low-income households, including veterans of the armed forces, senior citizens, individuals with disabilities, families with children, and low-wage workers.