When Affordable Housing Moves in Next Door

October 2016

By: Stanford Institute for Economic Policy Research

https://siepr.stanford.edu/publications/policy-brief/when-affordable-housing-moves-next-door
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Affordable Housing Programs  |  Housing Supply Planning

This briefing paper shares the results of a study that looked at the impact of LIHTC-funded affordable housing projects on property values. It finds that these projects raised property values in low-income neighborhoods and depressed property values in higher-income neighborhoods, but that they produced other positive neighborhood effects in both cases. It discusses the policy implications of these findings.