Building Affordable Rental Housing in Unaffordable Cities: A Canadian Low-Income Housing Tax Credit

Abstract

Many Canadian cities are short of affordable rental housing. Waiting lists for low-income housing are years in length, and new-build construction of rental housing has fallen over the last two decades. This study proposes a better way to build more low-income housing in expensive Canadian cities. A made-in-Canada Low-Income Housing Tax Credit (LIHTC) could leverage private sector expertise in site location, building, and management to build more and better low-income rental housing.social policy, Canadian Mortgage and Housing Corporation, social housing