Cityscape, the publication platform of U.S. Department of Housing and Urban Development’s Office of Policy Development and Research, has accepted a new paper co-authored in part by ESI Principal Richard Voith and former Associate Director Jing Liu. The paper examines the impact of Low Income Housing Tax Credit (LIHTC) financed development on neighborhood house prices. […]
Read MoreHousing 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 […]
Read MoreEconsult 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 […]
Read MorePrincipal 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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