“Does Affordable Housing Cause Nearby Property Values to Decline?”

It’s a common scene at a community hearing: local residents lined up behind the microphone waiting to testify about a proposed affordable rental housing development. Some are voicing concerns that the development will decrease property values in their neighborhood. Their concerns are understandable – they want to protect their investment in their homes.

On the other side, housing advocates and prospective residents argue with equal passion. They want to live in affordable homes with access to jobs, schools, and other amenities for themselves and their children. Affordable housing, the argue, will not affect the home values of residents already in the community.

Which side is right?”

Click here to Download Full Policy Brief: Study on Impact of LIHTC on Property Values…