For nearly forty years, LIHTC (pronounced “lie-teck”) has been the dominant federal capital resource for creating affordable multifamily housing in the United States today — but how does it work at its core? And what do savvy participants need to know before pursuing it?

In this two-hour interactive workshop, affordable housing expert David Smith, who’s worked with LIHTC since its inception, will present a structural overview of LIHTC and its two versions, the importance and complexities of relying on it in your capital stack, and how each state’s Qualified Allocation Plan (QAP) implicitly tells you how to win.

What to Expect

Instructor

---

---

David Smith on LIHTC

2026 Session Participant Testimonials

This is a superior level course with relevant and current information from a true expert currently active in the field. Valuable in the session and useful every day going forward. 

This two-hour webinar was a firehose of LIHTC information. The breadth of topics and expertise was profound. I am walking away with some tremendous insights that I was not exposed to prior to today.

David did a fantastic job describing the process to a novice despite having years and years of experience in the field. 

Thank you so much. This course gave me the confidence that what I understood about the LIHTC process (after years of working adjacent to it) was fairly accurate. I can now continue with my work, feeling confident that I know the basics, and have learned more of the nuances. I really appreciate it!

This workshop provided a clear, practical understanding of LIHTC structures that goes far beyond theory. It helped me connect policy, underwriting, and real-world deal execution particularly around ground leases and mission-driven land ownership. The insights I gained are directly applicable to my academic research and my professional work in affordable housing development.

– Participants in the January 2026 workshop