We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
Since President Trump signed the Tax Cuts and Jobs Act into law, the price investors are willing to pay for LIHTC’s has dropped and may fall further because the new law reduced the corporate tax rate from 35 percent to 21 percent starting in 2018. This change will sharply reduce the need companies will have for such tax benefits. However, since passage, some factors will help offset the expected lower demand for LIHTCs.