The Low-Income Housing Tax Credit Program at Year 30: An Operating Expense Analysis
Operating Expense Summaries by State
The color-coded map below provides summaries of key operating expense metrics for each of the 48 contiguous U.S. states (the full report also includes Alaska, Hawaii, Puerto Rico, and the U.S. Virgin Islands).
Click on any state in the map below for a per unit per annum (PUPA) operating expense summary of:
- Administrative costs
- Salary expenses
- Repair and maintenance expenses
- Management fees
- Insurance costs
- Utility costs
- Property taxes
The state summaries in the report offer further detail, including a comparison to the national average for each expense category.
|$4200 and below|
|$4201 to $5000|
|$5001 to $6000|
|$6001 and above|
Subject matter expertise
CPA, Partner, Tax Credit Investment Services Leader, Project Finance & Consulting
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