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LIHTC sites that exit the LIHTC program often remain more affordable than conventional market rate properties that were never subsidized, even if they are not resyndicated, according to recently published research by Freddie Mac Multifamily. The research fulfills commitments under Freddie Mac’s Duty to Serve and Equitable Housing Finance Plans and is intended to paint a picture of the risk that currently exists in the market and the potential severity of affordability loss.