Affordable housing tax credits set to expire, threatening eviction for thousands of U.S. families
CBSN
For more than two decades, the low rent on Marina Maalouf's apartment in a blocky affordable housing development in Los Angeles' Chinatown was a saving grace for her family, including a granddaughter who has autism.
But that grace had an expiration date. For Maalouf and her family it arrived in 2020.
The landlord, no longer legally obligated to keep the building affordable, hiked rent from $1,100 to $2,660 in 2021 — out of reach for Maalouf and her family. Maalouf's nights are haunted by fears her yearslong eviction battle will end in sleeping bags on a friend's floor or worse.
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