What this page tracks
This reference combines the site’s tax-credit pricing artifacts into one market page: LIHTC equity history and forecast context, Novogradac national and regional benchmarks, current public transfer-pricing snapshots for transferable credits, and a federal policy watchlist that is rendered directly from the shared legislation data file.
Use these values as directional market anchors. Actual pricing depends on sponsor quality, geography, CRA demand, tax appetite, indemnities, insurance, recapture risk, and transaction structure.
LIHTC Equity Pricing History
9% and 4% benchmark history from the shared LIHTC pricing artifact.
LIHTC Equity Forecast Panel
Shared forecast component reused from the deal-analysis surface.
Novogradac LIHTC Benchmarks
National, regional, and Colorado-specific cents-per-credit-dollar benchmarks.
Transfer and Syndication Snapshot
Publicly verified pricing ranges stay numeric; unverified markets remain labeled VERIFY.
How Credit Pricing Works
Why LIHTC, HTC, NMTC, ITC, and PTC prices do not clear at the same discount.
Traditional community-development credits such as LIHTC, HTC, and NMTC generally require ownership, partnership, or allocation structures. Transferable clean-energy credits are different: under IRC §6418, eligible credits can be sold for cash, while §6417 provides elective-pay treatment for eligible tax-exempt and governmental entities. That transferability divide is why clean-energy ITC/PTC markets can look closer to credit trading while LIHTC, HTC, and NMTC still price through syndication economics.
Pricing also reflects tax treatment. Section 6418 transfer proceeds are excluded from seller income, and the buyer discount is not taxed as income. Non-transferable credits embed investor return in the partnership economics, depreciation, compliance exposure, and exit assumptions.
Tax Credit Legislation Watch
Status pills, effective dates, sunset dates, and source links are rendered from the shared policy JSON.
Data Sources & Methodology
- LIHTC benchmarks: Novogradac equity-pricing artifact, reviewed quarterly and used here as directional cents-per-credit-dollar market context.
- Transfer pricing: Crux public transfer-credit pricing guide for verified clean-energy ranges; official program pages for markets left as VERIFY.
- Policy watch: Official federal sources only, including Congress.gov, IRS guidance, and the Federal Register.