Multiple studies show that affordable housing does not harm nearby property values, according to The A-Mark Foundation, a nonprofit that recently reviewed research on the impact of low-income housing on surrounding home prices.
“Research studies into the impact of low-income housing on neighborhood property values have generally concluded that there was either no impact or a positive impact on property values,” reports the organization.
Even in studies where results were mixed, some positive impacts on property values were found. Of the 13 studies in A-Mark’s report, seven found that when low-income housing was built, property values in the neighborhoods increased.
Click on the link to learn more about what The A-Mark Foundation found.Read More