Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date25/09/2013
Author
Published ByThe American Planning Association
Edited BySuneela Farooqi
Uncategorized

Green Goes Mainstream in Low-Income Housing

Green building has gained equal, if not greater, traction in the low-income housing community, even though environmental strategies are typically associated with high-end design. A major catalyst for the greening of affordable housing is the financing tool, familiar to housing insiders but relatively obscure to most other professionals, known as the Low Income Housing Tax Credit program, Section 42 of the IRS Code. Recognizing the substantial influence that LIHTC allocation criteria have in affordable housing development, Global Green USA, a national nonprofit focused on urban sustainability, began to review and rank green building items promoted in each state’s QAP.

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