scholarly journals Feasibility of Zero Energy Multi-Family Low Income Housing Tax Credit (LIHTC) Developments

Author(s):  
Armin Jeddi Yeganeh ◽  
Philip R. Agee ◽  
Xinghua Gao ◽  
Andrew P. McCoy

The residential sector in the United States is in need of comprehensive policy-making reforms that concurrently address housing affordability and environmental sustainability. This study investigates the feasibility of state-wide zero-energy affordable housing by analyzing historical data on climate, energy use, and solar system costs in the Commonwealth of Virginia. The hypothesis examined is that the net present cost of implementation of rooftop residential solar systems to achieve zero-energy Low-Income Housing Tax Credit (LIHTC) buildings is lower than the discounted present cost of energy of otherwise identical conventional buildings that run without renewable energy generation systems. The authors propose a generalizable framework for analyzing the feasibility of achieving region- or state-wide zero-energy LIHTC developments. To validate the framework, the authors employ a longitudinal sample of monthly energy use data from 2013-2016 obtained from 310 residential units of 15 LIHTC developments across the state. Based on statistical regression analysis, energy simulation, and simulation-based risk analysis, the authors find that the net present value of zero-energy LIHTC investments can be positive with a low risk. The investment value varies often depending on the zero-energy building definition, weather characteristics, retail price of electricity, and incentive rate. This study can help housing policymakers and industry professionals analyze and benchmark the feasibility of innovative zero-energy housing policies and projects.

2011 ◽  
Vol 47 (6) ◽  
pp. 775-799 ◽  
Author(s):  
Anne R. Williamson

Although the Low Income Housing Tax Credit (LIHTC) is the primary vehicle through which subsidized rental housing is developed in the United States, we know little about whether residents in LIHTC units can actually afford their rent. This article examines affordability as defined by the cost burden measure for nearly 38,000 Florida LIHTC households. Results indicate that the majority of LIHTC residents are cost burdened, and a smaller proportion are severely cost burdened. Results are presented based on race, ethnicity, and income, with separate analyses for LIHTC tenants who do not participate in the Housing Choice Voucher program and those who do. Findings indicate that Whites typically do not fare better than minorities in terms of cost burden in LIHTC developments. Further, participation in the Housing Choice Voucher program does not necessarily prevent cost burden. LIHTC residents with household incomes between 50% and 60% of area median fare best in avoiding cost burden.


Author(s):  
Jill Khadduri ◽  
Carissa Climaco ◽  
Kimberly Burnett ◽  
Laurie Gould ◽  
Louise Elving

Author(s):  
Philip Agee ◽  
Leila Nikdel ◽  
Sydney Roberts

This paper provides an open dataset of measured energy use, solar energy production, and building air leakage data from a 328 m2 (3,531 ft2) all-electric, zero energy commercial building in Virginia, USA. Over two years of energy use data were collected at 1-hour intervals using circuit-level energy monitors. Over six years of solar energy production data were measured at 1-hour intervals by 56 microinverters. The building air leakage data was measured post-construction per ASTM-E779 Standard Test Method for Determining Air Leakage Rate by Fan Pressurization and the United States Army Corps (USACE) Building Enclosure Testing procedure; both pressurization and depressurization results are provided. The architectural and engineering (AE) documents are provided to aid researchers and practitioners in reliable modelling of building performance. The paper describes the data collection methods, cleaning, and convergence with weather data. This dataset can be employed to predict, benchmark, and calibrate operational outcomes in zero energy commercial buildings.


2021 ◽  
pp. 106950
Author(s):  
Anna E. Austin ◽  
Christine Piette Durrance ◽  
Carol W. Runyan ◽  
Desmond K. Runyan ◽  
Sandra L. Martin ◽  
...  

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