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The IRS recently released population data in Notice 2025-18 that will be used to calculate each state’s limits for 9 percent Low-Income Housing Tax Credits (LIHTCs) and private activity bonds (PABs). These figures determine the annual volume caps for these critical affordable housing resources. The new figures reflect both an increase in national population and an increase in the per capita allocation rates, resulting in record-high national totals.
Four nonprofit fair housing organizations representing a proposed class of more than 60 groups across the country recently filed a sweeping federal class action lawsuit challenging HUD and the newly created Department of Government Efficiency (DOGE) for abruptly terminating $30 million in federal grant funding.
The National Low Income Housing Coalition (NLIHC) recently released its 2025 edition of The Gap: A Shortage of Affordable Homes. The report offers an update on the persistent shortfall in housing for extremely low-income renters. According to the report, in the United States there are just 35 homes available for every 100 extremely low-income renter households.