The American Reinvestment and Recovery Act of 2009 (“ARRA”) was signed into law on February 17, 2009 and includes several provisions meant to jumpstart the flagging Low Income Housing Tax Credit (“LIHTC”) program. This alert discusses ARRA’s most important LIHTC-related funding provisions, namely the HOME Gap program and the Exchange Funding program, plus related labor standards issues.

Download the PDF: “ARRA Low Income Housing