Housing Foundations

The Low-Income Housing Tax Credit program, explained

The Low-Income Housing Tax Credit (LIHTC) program is the largest federal initiative in the U.S. aimed at creating affordable rental housing, resulting in millions of units nationally, including tens of thousands in Harris County.

Underfunded and imperfect, vouchers are an important piece of Houston’s housing affordability

The Houston Housing Authority (HHA) serves about 19,000 households with housing choice vouchers. The Harris County Housing Authority (whose service area excludes Houston, Pasadena and Baytown) supports another 4,500 households with vouchers. Collectively, that is nearly 10 times as many households as are served by public housing, making the voucher program an important — if imperfect — way of providing affordable housing.

Naturally occurring affordable housing is crucial to Houston’s low-income residents. Preserving it requires action.

In Harris County, about 320,000 low-income households are housing cost burdened, paying more than 30% of their income toward rent. Given the low number of subsidized housing units and vouchers available in the county, this population is increasingly reliant upon “naturally occurring affordable housing,” or NOAH.

Public housing is effectively over in Houston. What comes next?

In September, the Houston Housing Authority announced it is ending public housing, following a national trend, as cities such as Chicago and Atlanta have also done so, with previously government-run developments being converted to federally subsidized but privately owned mixed-income communities with fewer affordable units.

To build a better housing system in Houston, let’s start here

Houston has long been hailed as one of the country’s most affordable big cities, bucking national trends. But as the Kinder Institute and others have found, our affordability — and the economic opportunity that comes with it — could be slipping away.