How Are LIHTC Rents Set-And Why So Many Renters Can't Afford Them

How are rents set in Low-Income Housing Tax Credit developments? How do rents in this affordable housing still end up out of reach for residents?
For more details on the Low-Income Housing Tax Credit program, see our FAQ, LIHTC for Regular People (shelterforce.o..., and our series LIHTC: The Good, the Bad, and the Very Complicated (shelterforce.o....

[@beonkaeallom1502]

This was so helpful

[@TerryMetz-n6p]

I have to pay Mike Murphy Rentals 855.00 a month and I only get 1,047 a month ssi, and 325.00 retirement money.

[@TerryMetz-n6p]

I need a new place to live, that I can afford

[@TerryMetz-n6p]

I need a new place to live, that I can afford