With stagnating wages and rapidly growing cities, an abundant supply of affordable housing is more important than ever. The Low Income Housing Tax Credit Program, often abbreviated as “LIHTC” (pronounced lie-teck) offers tax incentives to owners of rental housing reserved for low-income families, defined as those earning less than 60% of the Area Median Income (AMI).
If you would like to invest in real estate online, one of the best options to consider is real estate crowdfunding. Real estate crowdfunding gives investors the opportunity to invest relatively small amounts in commercial or residential properties. Such investments used to be limited to insiders who knew the developer behind the property or had other connections.