Progressive. Please also follow @IndivisibleMetroD.bsky.social
Marianne O'Connor
The Low-Income Housing Tax Credit is delivering market-rate housing, rather than housing for the poorest households.
In one Portland suburb, a subsidized two-bedroom can cost up to $1,675, while the equivalent market-rate apartment is $1,525.
w/ @opb.org
The Issue of Israel Is Ending Democracy In Michigan
The federal tax credit provides up to $15 billion in subsidies a year to help developers build apartments. It’s created housing that’s often no more affordable than the market rate.
