Using unique LIHTC tenant data we show that poor LIHTC residents are more likely than non-poor LIHTC residents to live in developments in high-poverty neighborhoods.

We estimate longitudinal, census tract fixed effects models, and draw on data from LIHTC applications, finding that poverty rates decline in high-poverty neighborhoods after the completion of LIHTC developments.

We examine metropolitan level patterns and show that on the whole LIHTC investments do little to reduce poverty concentration, nor do they increase poverty concentration.