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Data and Statistics

Who receives federal housing assistance?

The single largest type of federal housing assistance is the home mortgage interest deduction.

In 2007, U.S. homeowners received $85 billion through this deduction1. Unfortunately, the benefits of the mortgage interest deduction are enjoyed primarily by the wealthiest Americans. Over 80% of the value of this deduction goes to homeowners in the top income quintile, according to a recent Pew Charitable Trust study on economic mobility.

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