Study Examines Rent Savings in the LIHTC Program

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.

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