An article published in Housing Policy Debate, “The Low-Income Housing Tax Credit Program: A Multicity Rent Savings Analysis,” examines rent savings in the Low-Income Housing Tax Credit (LIHTC) program across 12 U.S. housing markets. The authors, Uche Oluku and Shaoming Cheng, find that new LIHTC developments offer rent savings relative to nearby market-rate rental housing, though the extent of these savings varies by market and declines as LIHTC developments age.
Study Examines Rent Savings in the LIHTC Program
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing