Yesterday the Government Accountability Office (GAO) released a report on Low-Income Housing Tax Credit (Housing Credit) development costs, which analyzes total development costs in Housing Credit properties across 12 allocating agencies between 2011 and 2015.

Today the National Council of State Housing Agencies (NCSHA) published a new report, Variation in Development Costs for LIHTC Projects, which analyzes total development costs in Low-Income Housing Tax Credit (Housing Credit) developments nationwide.

Over the past decade, successive Congresses and administrations have tried to implement reforms to the housing finance system, including resolving the status of Fannie Mae and Freddie Mac. House Financial Services Chairman Hensarling (R-TX) and Rep. Delaney (D-MD) have introduced a new bipartisan bill to move towards a system intended to reduce systemic and taxpayer risk.