Today, LIHTC dominates affordable multifamily production and preservation^[1], with over $10.5 billion allocated annually, and an additional $19 billion potentially available via private activity bonds (PABs); it’s usually the first and last topic in financing these transactions. But each state operates independently in deciding to whom to award LIHTC or PABs, and the QAP is the key. Scoring high on it, however, usually adds cost to the development and can put feasibility in peril. How do you balance the two? 

^[1] https://www.novoco.com/notes-from-novogradac/lihtc-pab-multipliers-applied-to-irs-population-figures-mean-record-pab-cap-for-2025

• Gain a detailed overview of the US Low-Income Housing Tax Credit (LIHTC) program.
• Explore a sample Qualified Allocation Plan (QAP) to understand how developers work with it in winning LIHTC awards.
• Appreciate the fiscal potency of LIHTC for developers, and how it has altered the affordable housing ecosystem in the US.
• Be positioned to dive more deeply into any state’s QAP or any LIHTC pro-forma.

• US affordable housing professionals, executives, and stakeholders.
• Global executives from anywhere in the world whose work is housing-related and who need to be knowledgeable about how it relates to their own country’s situation – or doesn’t!
• Developers, financiers, investors, urban planners, government officials (national, state/ provincial, or municipal/local), and real estate professionals (e.g., attorneys, accountants, appraisers) working in these fields.