A $15 billion federal tax credit helps developers build homes that are no cheaper than the market rate.
A $15 billion federal tax credit helps developers build homes that are no cheaper than the market rate
Published
July 4, 2026 6:00AM (EDT)
Portland downtown waterfront (xiao zhou/Getty Images)
This article originally appeared on ProPublica.
The federal tax credit provides up to $15 billion in subsidies a year to help developers build apartments. It’s created housing…
The state has given developers an unprecedented $1.4 billion, and the cost of developing each subsidized apartment has nearly…
NMHC and NYU SPS Release Groundbreaking Housing Affordability ToolkitNot Tomorrow but Today: Project Highlights Steps…
The Portland Clean Energy Fund has raised a billion dollars for climate change action via a retail tax on large corporations in…
State and federal governments are offering incentives for property developers in exchange for more affordable housing. But a Four…
It's so hard for the private market to build less-expensive housing that some local governments are experimenting with reviving…
