Low-Income Housing Tax Credit Developments and Neighborhood Property Conditions

摘要: Assisted housing has long been a contentious issue for cities and regions. On one hand, there is an acute need affordable in low- moderate-income communities. But the massing of public or otherwise subsidized disadvantaged neighborhoods given rise to concerns that “public housing” led decay these The intention this paper use analytical tools evaluate conventional wisdom lower-income developments are somehow disadvantageous communities which they generally placed. focus on evaluation low-income tax credit (LIHTC) financed developments, as typical way developing units today. Results suggest while large new construction projects tend diminish property conditions nearby, effects small larger rehabilitation positive.