Tax Credits Could Help Boost Affordable Housing
By: William F. Galvin
HARWICH – The affordable housing trust is looking at the use of Low Income Housing Tax Credits (LIHTC) in a public/private partnership as a way to develop affordable housing. In the trust’s June 27 meeting, resident David Bernie and Scot Butcher of Chatham, a tax incentive finance/tax credit service provider, laid out a route to expanding affordable housing stock without development costs to the town. The 1...