• About
    • About Chapter
    • Chapter Jurisdiction
    • Committees
    • Mission
    • Our Centennial Year
    • Team
    • Board
  • Membership
    • Reason to Join
    • Regional Access / Councils
    • Member Resources
      • Careers
      • Building Industry Technology Academy (BITA)
      • New Homes Showcase
    • Join Now
  • Events
  • Advocacy
    • Research Reports
  • Newsroom
    • BIASC Magazine
    • Newsletters
    • Event Galleries
  • Contact Us
Business Industry Association of Southern California Business Industry Association of Southern California
Menu
  • Join Our Email List

    Join Our Email List

Business Industry Association of Southern California Business Industry Association of Southern California
  • About
    • About Chapter
    • Chapter Jurisdiction
    • Committees
    • Mission
    • Our Centennial Year
    • Team
    • Board
  • Membership
    • Reason to Join
    • Regional Access / Councils
    • Member Resources
      • Careers
      • Building Industry Technology Academy (BITA)
      • New Homes Showcase
    • Join Now
  • Events
  • Advocacy
    • Research Reports
  • Newsroom
    • BIASC Magazine
    • Newsletters
    • Event Galleries
  • Contact Us

Affordable Housing Finance: Study Examines How Living in LIHTC Properties Impacts Residents

Business Industry Association of Southern California
Affordable Housing Finance: Study Examines How Living in LIHTC Properties Impacts Residents
Affordable Housing Finance: Study Examines How Living in LIHTC Properties Impacts Residents
May 11, 2018 Lei Lani Fera

Nearly 90% of residents reported that their housing had improved after moving into a low-income housing tax credit (LIHTC) development, according to a new study. “One in five respondents said that they had experienced homelessness before moving into their current home, and another 20% reported that they had been forced to move involuntarily, either as the result of eviction or an unsustainable rent increase,” says the report released today by the Terner Center for Housing Innovation at the University of California at Berkeley (UCB). In addition, 50% reported that they consistently worried about paying for rent prior to moving into their LIHTC unit, and 40% said they had either worried about paying for food or skipped meals as a result of their high housing cost burdens.

 

Read Full Article
Categories:Affordable Housing Finance
Next Article

Affordable Housing Finance: Capitol Hill Insiders: More Work Needed for Affordable Housing

©2023 BIASC Riverside
  • Sitemap
  • Privacy Policy