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