“As markets across the country stretch tight with low inventory and high selling prices, many homeowners fear, and even boycott, low-income housing. Specifically, homeowners are wary of the integration of HUD supported Low Income Housing Tax Credit (LIHTC) housing projects. Why? Some believe that these government supported homes may lower the values of properties nearby.
A new study powered by Trulia wipes these fears clean by setting the table with surprising news: in the nation’s 20 least affordable housing markets, low-income housing built during a 10-year span shows no negative effect on nearby home values”