The investments in the Low-Income Housing Tax Credit (LIHTC) program allow FnF to fund affordable housing units, but it's very costly for the taxpayer ($11 billion per year) --- LINK PLEASE ... e.g. is every dollar lost ? does any of the dollars work with a multiplier effect in the economy. That is like saying our farmer subsidies cost us 40B or whatever ----. On its face that is the money out from GOV -- but if it keeps the small farmer in business - do we have more crops and lower food costs?
In Chicago IL - I do not know if it is FED or State or County or Chicago --- but I am 90% sure it is Chicago -- every new building (regardless of source of funding) - over X floors high (I think 8) must set aside 20% for low income for 20 years. (Not give aways - but lower rents for working at jobs tenants). This has worked well for everyone
News 
Market Data 
Discover 
