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- and investment patterns. The budget proposes funding at $50 million in FY 2000. • Low-Income Housing Tax Credit. Since its creation in 1986, the Low-Income Housing Tax Credit (LIHTC) has given states tax credits of $ 1.25 per capita to allocate to developers
- Low-Income Housing Tax Credit. The FY 2000 budget proposed expanding the Low-Income Housing Tax Credit (LIHTC) from $1.25 per capita to ,$1.75 per capita at a cost of $1.6 billion over 5 years. In light of housing shortages in many parts of the country
