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Building subsidized low-income housing actually lifts property values in a neighborhood, contradicting NIMBY concerns

Por: MarketWatch Politics October 27, 2022

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For the study, we looked at 508 developments financed through the federal Low-Income Housing Tax Credit program and built in the Chicago area from 1997 to 2016. We then examined their influence on more than 600,000 nearby residential sales, using data from local property assessments and tax records. We chose Chicago because of its size, well-established neighborhoods, substantial amount of subsidized housing developments, well-documented ,... + full article



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