PolicyMap, HUD, and NPS: Multiple Tax Credit Project Locations
| Details | Low income housing, tax credit programs |
|---|---|
| Topics | low income housing |
| Source | PolicyMap analysis of HUD and NPS data |
| Years Available | 2001-present |
| Geographies | Points |
| Public Edition or Subscriber-only | Premium Subscribers Only |
| Download Available | yes |
| For more information | https://www.nps.gov/tps/tax-incentives.htm https://www.huduser.gov/portal/datasets/lihtc.html |
| Last updated on PolicyMap | January 2022 |
Description:
PolicyMap created the Multiple Tax Credit Project Locations dataset to gauge the degree to which low income housing developers rely on both the Historic Tax Credit Program and the Low Income Housing Tax Credit Program in assembling the funding needed to build or refurbish low income housing. This novel dataset combines Historic Tax Credit Program locations published annually by the National Park Service with Low Income Housing Tax Credit Program locations published annually by HUD, and identifies locations included in both programs.
Locations in one dataset are matched with those in the other if they share the same physical address and/or project name, and if the projects are within three years of one another. Before matching, the physical addresses are standardized using a proprietary geocoder licensed by PolicyMap. The project names are matched using a “fuzzy” matching method that determines how similar two text values are to one another. Project names that were highly similar were considered to match. Because of the methods used to match projects between the two datasets, there may be some “false positives” and “false negatives” in the dataset.