Tag: funding gap

Building affordable housing involves a competitive gov’t formula. Is there a better way? 

Building affordable housing involves a competitive gov’t formula. Is there a better way? 

The federal government gives developers the equivalent of $10 billion a year to build low-income housing in the form of a tax credit. Without this government subsidy, there may be a lot fewer affordable units. There are limitations, including the funding. Is there a better way to do it?  The low-income housing shortage  According to some estimates, there’s a national shortage of 7 million affordable […]

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