Lend Lease Real Estate Reports Increase in Need for Affordable Housing

Monday, July 10, 2000 - 1:45AM

The need for affordable housing has increased in the face of a prospering economy, according to a report released by Lend Lease Real Estate Investments July 10. The decline in available low-income housing and overall rent inflation are worsening the affordable housing crisis, stated America’s Prosperity: A Chicken in Every Pot. The report calls for an increase to the low-income housing tax credit as a means to relieve this growing need.

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