Incentivizing Affordable Housing in High Opportunity Areas

Report by Ann Owens, Rebecca Brooks Smith
October 2021

Sol Price Center for Social Innovation   (Los Angeles)

Affordable housing is a critical component of providing low-income children with pathways to opportunity. The federal Low Income Housing Tax Credit program (LIHTC) helps fund the development of affordable housing by providing private developers with tax credits in exchange for setting rents at an affordable level. This brief summarizes original research that examined recent policy changes to California’s LIHTC program that incentivize affordable housing production in high opportunity areas.