affordable housing

Top Ten Present Value Posts from 2023

December 15, 2023 / Comments Off on Top Ten Present Value Posts from 2023

As 2023 winds down, we’re looking back on some of our most popular Present Value posts. From local and national topics to past projects and thought leadership, these articles showcase the breadth and depth of what ESI has to offer. Scroll down to see if your favorites are here, and catch up on anything you […]

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Atlanta’s Quest for Homeownership: The Alarming Affordable Housing Crisis

August 11, 2023 / Comments Off on Atlanta’s Quest for Homeownership: The Alarming Affordable Housing Crisis

Throughout American history, homeownership has been cherished as a symbol of wealth, community, and achievement. Additionally, affordable rental units are crucial as they provide stable housing and alleviate financial burden. However, today, the goal of owning a home and even finding affordable housing options is becoming increasingly elusive for millions nationwide. An alarming shortage of homes […]

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affordable housing

The Economics of Housing Affordability

June 24, 2022 / Comments Off on The Economics of Housing Affordability

Housing is a crucial aspect of society. Unfortunately, the costs of housing can be so disproportionately high relative to income levels that people simply can’t comfortably afford it. Not only is housing affordability a concern in many US metropolitan areas, it is a concern across the globe. With the large number of individuals and families […]

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Effects of Concentrated LIHTC Developments on Surrounding House Prices

May 9, 2022 / Comments Off on Effects of Concentrated LIHTC Developments on Surrounding House Prices

Econsult Solutions Principal Richard Voith recently published a paper in the Journal of Housing Economics examining the property value impacts of affordable housing developments financed by Low-Income Housing Tax Credits (LIHTC). The LIHTC program is the U.S.’s largest funding source for affordable housing production, with an annual totaling of more than $8 billion. LIHTC developments […]

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Market Analysis of Phase 3 of the Sharswood Blumberg Housing Redevelopment

December 1, 2021 / Comments Off on Market Analysis of Phase 3 of the Sharswood Blumberg Housing Redevelopment

The Philadelphia Housing Authority (PHA) and Hunt-Pennrose Sharswood, LLC  are redeveloping housing units in the Sharswood Choice Neighborhood of Philadelphia. Phase 3 of the multi-year redevelopment project brings 217 safe, high quality, affordable housing units to a neighborhood with conveniences and access to public transit. As part of the redevelopment process, Hunt-Pennrose Sharswood, LLC retained […]

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Concentrated LIHTC Affordable Housing Increases Neighborhood Property Values, according to paper co-authored by ESI researchers

November 12, 2020 / Comments Off on Concentrated LIHTC Affordable Housing Increases Neighborhood Property Values, according to paper co-authored by ESI researchers

Principal and Founder Richard Voith along with Senior Analyst Jing Liu coauthored a paper named “Is More Affordable Housing Better? The Housing Price Effects of Concentrating LIHTC Developments in Los Angeles” and was presented at the Association for Public Policy and Management Research Conference on November 12.   This is one of the products of […]

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