Considering new strategies for food security in LIHTC communities
The following is an excerpt from Tax Credit Advisor, a monthly magazine published by the National Housing & Rehabilitation Association.
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As federal cuts loom over food assistance programs, LIHTC communities are exploring new food security initiatives to support renters.
Why it matters: With potential funding cuts, affordable housing residents face tough choices between essential needs, like food and rent.
Some financiers and owners are stepping in with initiatives aimed at stabilizing residents and ensuring the viability of these communities.
The stakes: Food insecurity could have cascading effects across the affordable housing sector, potentially impacting financial stability for all stakeholders involved.
