Low Income Housing
Market History and
Opportunity

Investment
Strategy

Critical
Housing Needs

LIHTC:
First Ten Years

Category B and C
Properties

Affordability
Sector of the
Housing Market

Consumer Trends

Political Trends

Target Market
Critical Requirements

Active Housing
Finance Agency
Environment

Active Housing Finance
Agency Environment

Activity and sophistication of Housing Finance Agencies vary from state to state. However, since the major focus of this program is the first-time homebuyer program, this is one of the oldest and most developed programs in each state’s housing arsenal and sophistication should not likely be an issue.