Tag: low-income renters
Housing and policy experts agree that LIHTC has successfully increased the supply of affordable housing. But they also believe there's room for improvement.
The Low-Income Housing Tax Credit program has helped create more than 3 million affordable units across the country. But if something isn’t done soon, thousands of those homes could be lost forever as affordability periods expire.
There are many new approaches to the security deposit problem—some have been lauded by affordable housing advocates, and others have been met with skepticism and mistrust—often with good reason. Here’s a look at a few commercial, charitable, and legislative solutions being explored.
In exchange for the abandonment of meaningful levels of housing assistance—whether project- or tenant-based—we are paying a high price in homelessness and severe cost burdens.