The Low-Income Housing Tax Credit Program: An Evaluation of Household Rent Savings
Uche A. Oluku
Journal of Housing Research, 2019, vol. 28, issue 2, 215-235
Abstract:
This paper presents an interdisciplinary overview and a robust discussion of various aspects of the Low-Income Housing Tax Credit (LIHTC) program. The study also evaluates rent savings accruing to LIHTC households in St. Louis, Missouri, by using a two-stage empirical procedure with generalized linear models (GLMs). Rent savings varied by unit type and decreased progressively during a project’s life cycle. The LIHTC household’s rent savings in St. Louis ranged from $139 per month on older (30-year-old) studio/one-bathroom units, to a maximum of $546 per month on new (1-year-old) two-bedroom/two-bathroom units.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjrhxx:v:28:y:2019:i:2:p:215-235
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DOI: 10.1080/10527001.2020.1776515
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