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Trulia, an online residential real estate site, recently released a study in a blog post entitled, “There Doesn’t Go the Neighborhood: Low-Income Housing Has No Impact on Nearby Home Values.” The study found that low-income housing funded with LIHTCs did not impact the value of nearby homes. The author’s analysis included 3,083 LIHTC sites in 20 of the least affordable housing markets. She examined changes in nearby home values before and after a LIHTC site was completed.
