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The Impact of Low Income Housing Tax Credit Housing on Surrounding Neighborhoods: Evidence from NYC 

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Publication Date: May 2007

Publisher(s): Furman Center for Real Estate

Author(s): Ingrid Gould Ellen; Ioan Voicu

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Social conditions (Housing)

Keywords: affordable housing; neighborhoods; subsidized housing

Type: Working Paper

Abstract:

In this report, we examine the neighborhood impact of low income housing tax credit developments in New York City, where 42,077 units of LIHTC housing were newly constructed or rehabilitated between 1987 and 2003.