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Study shows low-income housing does not impact property values

Posted by   /  November 26, 2016  /  No Comments

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By Zoe Eisenberg | RIS Media

Study Shows Low-Income Housing Does Not Impact Property Values.

As markets across the country stretch tight with low inventory and high selling prices, many homeowners fear, and even boycott, low-income housing. Specifically, homeowners are wary of the integration of HUD-supported Low Income Housing Tax Credit (LIHTC) housing projects. Why? Some believe that these government-supported homes may lower the values of properties nearby.

A recent study powered by Trulia wipes these fears clean by setting the table with surprising news: in the nation’s 20 least affordable housing markets, low-income housing built during a 10-year span shows no negative effect on nearby home values.

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