Final answer:
Mixed-Income Housing Credit housing serves both market-rate and low-income households, creating diverse and integrated communities.
Step-by-step explanation:
A characteristic of Mixed-Income Housing Credit housing is that it serves both market-rate and low-income households. This approach is designed to create more diverse communities by incorporating residents of varying income levels within the same housing development. Unlike early public housing projects that concentrated poverty in inner cities by serving exclusively low-income families, mixed-income housing aims to de-stigmatize affordable housing and incorporate it into the wider community fabric. Mixed-income developments may help break down economic barriers and foster social integration, which can contribute to the overall health and vitality of urban neighborhoods.