LIHTC Market Trends: Credit Pricing, Policy Changes & Investor Behavior

In this BuzzHouse episode, hosts Don Bernards and Garrick Gibson talk with Philip Porter, senior vice president and head of acquisitions at Enterprise Housing Credit Investments, to unpack the evolving dynamics of low-income housing tax credit equity.

Philip explains what developers need to understand about declining credit pricing, how new legislation—such as the One Big Beautiful Bill Act—is influencing the market, and the key factors shaping investor behavior. The conversation explores everything from construction schedules to CRA cycles, highlighting how market demand, policy shifts and industry capacity are intersecting in today’s LIHTC environment.

If you’re trying to grasp how these trends affect pricing, underwriting, or syndication strategies, this episode provides a comprehensive overview.