Skip to Content
https://mf.freddiemac.com/
Skip to Content

December 20, 2019

Furthering Opportunity in Areas of Concentrated Poverty

More than a sixth of the United States population lives in an area of concentrated poverty (ACP) – regions identified through census data as having persistently high levels of poverty, little economic opportunity and disproportionately high housing costs. When compared with economically vibrant areas, recent studies show that community amenities and quality of public education are lower, and overall health and well-being are less favorable in ACPs.

Many of our nation’s ACPs are in the midst of economic revitalization, which can benefit the community as long as affordable housing is not lost in the process. In this report, we look at four properties in different ACPs to understand how they can further residential economic diversity and economic opportunity for residents, and what replicable policy and financing tools are used to foster their creation or preservation. Read the report.

 

 

  • Feedback

    Have a comment or question? Email us to let us know what's on your mind.

    Maximum of 250 characters.

    California residents can review our California Privacy Notice before providing information. For more general Privacy information, view our Privacy Policy.