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A new analysis of the LIHTC program by CBRE Affordable Housing Research Services shows that the program is benefiting those most in need of affordable housing, namely largely families with children and seniors with extremely low incomes. The data was the result of the 2008 Housing and Economic Recovery Act (HERA), which required that each state housing finance agency (HFA) administering the LIHTC program provide HUD with annual demographic and economic information on tenants in rent-restricted LIHTC units.
