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A new analysis by Freddie Mac has concluded that over the past five years, individuals living in apartments with rents restricted through the LIHTC program have saved thousands of dollars annually compared to similar, market-rate properties. Authored by Freddie Mac Multifamily’s Research and Modeling team, the new research looks at nine representative counties across the United States and concludes that in those areas, the average LIHTC-restricted rent was 38 percent lower than the average market rate rent in 2017.