Novogradac & Company Llp

Novogradac Tax Credit Tuesday is launching its "So You Want to Be a LIHTC Developer" series, which is meant to be a useful guide to executing a successful low-income housing tax credit development. In this week's episode, Michael Novogradac, CPA, and guests Jeff Nishita, CPA, and Melissa Chung, CPA, discuss assessing the financial feasibility of a proposed LIHTC development or redevelopment, including location and market considerations. They discuss the benefit of properties in qualified census tracts and difficult development areas, gross rents and utility allowances, as well as LIHTC market studies.