Which of the following is a benefit to subsidizing builders/developers through the LIHTC program instead of having government directly build public housing? a. LIHTC provides not only increased housing supply, but an incentive for building owners to maintain the property. b. $1 of spending on the LIHTC does not really cost $1 because it is a tax credit program. c. LIHTC funds are awarded to states, so it doesn't cost the federal government as much to provide the subsidy. d. State HFAs that administer the LIHTC program act as a way to ensure that program funds are spent on worthwhile projects. e. None of the above