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Affordable Housing Development: A Brief Introduction to the Low-Income Housing Tax Credit (LIHTC) Program

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Build with Purpose. Invest with Impact. Change Communities.

In Affordable Housing Development, real estate developer, attorney, and affordable housing advocate Bill Knowlton delivers a concise yet powerful guide to the Low-Income Housing Tax Credit (LIHTC) program – the engine behind 90% of America’s affordable housing production. This is a mission-driven blueprint for developers, public officials, and changemakers who believe profit and purpose can, and must, coexist.

From understanding the foundational principles of LIHTC to navigating project financing, legal compliance, and long-term operations, Knowlton translates decades of experience into an accessible, no-fluff playbook. Whether you’re a seasoned developer, a city planner, or a nonprofit housing advocate, this book will equip you with the tools and insight to move from idea to impact.

Inside, you’ll LIHTC works, and why it remains the most effective affordable housing tool in the U.S.The full development from site selection to stabilizationThe truth behind common misconceptions about affordable housingHow to structure deals, build public-private partnerships, and avoid costly pitfallsReal-world case studies that prove it’s possible to make a difference and a return
This book is a call to action, because housing is more than shelter. It’s the foundation of dignity, opportunity, and community resilience.

If you believe capitalism can carry a conscience, and that every family deserves a place to call home, this is your starting point.

218 pages, Kindle Edition

Published June 3, 2025

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About the author

Bill Knowlton

11 books

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