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Real Estate

Sep. 10, 2002

Apartments Built Using Federal Tax Credits Boast Low Foreclosure Rate, High Returns

CREJ WIRE REPORT A new study of the performance of the federal low-income housing tax credit program has reaffirmed the program's value in the development of affordable housing in the United States and as a sound real estate investment.

CREJ WIRE REPORT

        A new study of the performance of the federal low-income housing tax credit program has reaffirmed the program's value in the development of affordable housing in the United States and as a sound real estate investment.

        The study by Ernst & Young also appears to go against the conventional wisdom concerning housing credit properties.

...

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