A new study conducted on behalf of the Delaware Housing Coalition found that in Delaware, the location of assisted affordable housing is not associated with any change to the value of neighboring properties. The author notes that while there is correlation between lower property values and the presence of affordable housing, this is likely because affordable housing has historically been located in areas where the property values are declining or are already low. This finding contradicts the perception that assisted affordable rental housing lowers property values in surrounding neighborhoods.
Click here to download the report: http://www.housingforall.org/