Low-Income Housing Tax Credit
Coverage of Low-Income Housing Tax Credit in the Nexus archive.
- Catching Our Eye News Roundup, June 4, 2026
Wright State University received a $2.5 million grant to develop an AI curriculum for rural Ohio and Kansas educators. An initiative to abolish Ohio property taxes faces a July 1 deadline to collect valid signatures for a fall ballot. A federal low-income housing program in Portland, Oregon, is criticized for funding housing unaffordable to many due to income thresholds.
- Michigan Senate committee advances low-income housing tax credit to full chamber
A Michigan Senate committee advanced a three-bill package to establish a state-level low-income housing tax credit to supplement federal funding. The legislation aims to finance over 2,500 new affordable housing units annually, addressing 200,000 low-income households lacking affordable housing.
- A Low-Income Housing Program Is Pouring Billions Into Housing Many People Can’t Afford
A federal low-income housing program, the Low-Income Housing Tax Credit, has allocated billions to build affordable housing in cities like Portland, Oregon, but the resulting apartments often cost nearly $1,400 for a one-bedroom, making them unaffordable for minimum-wage earners. Critics argue the program fails to address true housing shortages and instead creates surplus units in markets where rents already align with its affordability thresholds, leaving thousands of subsidized units vacant.