Anderson, Emily2021-10-142021-10-142021-08https://hdl.handle.net/11299/225044Project supervised by: Elizabeth Glidden, Minnesota Housing Partnership Gabriela Norton, Minnesota Housing Partnership Jeff Matson, Center for Urban and Regional Affairs, University of MinnesotaThe purpose of this report is to compile and analyze the nature and effects of the end of affordability restrictions of 4% and 9% low-income housing tax credits (LIHTC) in Minnesota. Policy options for continued affordability in properties that had used low-income tax credits will be examined to determine their viability in the state of Minnesota. The report will cover both Year 15 LIHTC exits and the traditional Year 30 completion of program obligations and identify properties nearing these critical time points where affordability could be lost. These identified properties can be targeted for use of policy alternatives or to identify communities that will soon be experiencing the loss of affordable housing units. While there is the potential for a large exodus from the program for LIHTC properties in Minnesota, further research is needed to determine the exact amount given other extenuating circumstances that affect the financing of affordable housing properties.enHousingaffordable housinglow income housingLITCHtax creditsReport