Pairing Tax Credits To Help Create Affordable Housing

Federal and state tax incentives offer opportunities to help ensure projects combining historic buildings and affordability are financially feasible, as when the Low-Income Housing Tax Credit (LIHTC) is combined or “twinned” with the Historic Tax Credit (HTC). That’s a good thing, because many cities confront a dearth of affordable housing on one hand, and a need to put historic properties to more productive use on the other.

About The Architectural Team

For 45 years, the architecture, masterplanning and interior design firm, The Architectural Team, Inc. (TAT), has been recognized for its thought leadership, diverse portfolio of acclaimed design solutions and creating lasting transformation in the communities they serve. The 90-person firm has earned more than 100 awards for design excellence across a broad range of building types and programs; including: new construction of large-scale urban mixed use developments, multifamily, commercial, waterfront and hospitality developments, assisted and senior living facilities, and community centers. TAT also holds a national reputation in the areas of historic preservation, rehabilitation and adaptive reuse that has transformed neighborhoods across the United States, artfully restoring and reimagining neglected buildings for new uses while simultaneously preserving history. For more information, please visit www.architecturalteam.com.

Download PDF