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.

New provisions in the One Big Beautiful Bill Act could help finance more than a million units of low-income housing over the next decade. The changes are complicated but will increase assistance both ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Housing affordability has ...

Homeownership is more expensive than ever: In nearly half the country, the median household income isn't enough for a three-bedroom house. For low-income households, defined as those earning less than ...