Expiring Tax Credits Could Benefit Investors

Could a wave of expiring tax credits projects represent new opportunities for apartment building investors?

1 minute read

May 27, 2004, 5:00 AM PDT

"Low-income housing tax credits are issued by the federal government and can be used by developers to offset income taxes if they build low-income housing. The credits, allocated by state housing agencies, have 10-year life spans but the developer/owner must, under federal rules, hold on to the properties for 15 years. The program was started in 1986 and took off in the late 1980s and early 1990s. Now, a wave of those 15-year deals is expiring -- or is about to -- and real-estate brokers see potential opportunities for investors."

Thanks to Chris Steins

FULL STORY: The End of Tax Credits Could Benefit Investors

Tuesday, May 25, 2004 in Wall St. Journal

Housing United States

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Get 25% Off Your Subscription

Advertise with us

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.