The COVID-10 crisis is leading to economic uncertainty and it ispredicted will result in an economic recession. Yet, according tostudies, the low-income housing sector won't be greatly affectedand will recover quicker than other real estate categories.

Skeptical? Let's take a look at the historical data.

According to a recent report by Novogradac, a nationalaccounting and consulting firm, occupancy rates and rental incomeat low-income housing tax credit properties recover quickly aftereconomic downturns. Their survey, containing more than 1000,000individual properties indicates that the national occupancy ratesfor two-bedroom LIHTC properties for residents at or below 60percent of the area median income never dropped below 95 percentfrom 2009-2019 (the period studied). And starting in 2009 there wasa gradual increase through 2019.