The cost‐effectiveness of the low‐income housing tax credit relative to vouchers: Evidence from six metropolitan areas

2005 ◽  
Vol 16 (3-4) ◽  
pp. 469-511 ◽  
Author(s):  
Lan Deng
2011 ◽  
Vol 47 (6) ◽  
pp. 775-799 ◽  
Author(s):  
Anne R. Williamson

Although the Low Income Housing Tax Credit (LIHTC) is the primary vehicle through which subsidized rental housing is developed in the United States, we know little about whether residents in LIHTC units can actually afford their rent. This article examines affordability as defined by the cost burden measure for nearly 38,000 Florida LIHTC households. Results indicate that the majority of LIHTC residents are cost burdened, and a smaller proportion are severely cost burdened. Results are presented based on race, ethnicity, and income, with separate analyses for LIHTC tenants who do not participate in the Housing Choice Voucher program and those who do. Findings indicate that Whites typically do not fare better than minorities in terms of cost burden in LIHTC developments. Further, participation in the Housing Choice Voucher program does not necessarily prevent cost burden. LIHTC residents with household incomes between 50% and 60% of area median fare best in avoiding cost burden.


ILR Review ◽  
2005 ◽  
Vol 59 (1) ◽  
pp. 141-157 ◽  
Author(s):  
Sarah Dunn ◽  
John M. Quigley ◽  
Larry A. Rosenthal

Recent California legislation extends the application of prevailing wage regulations to construction workers building subsidized low-income residential projects. Econometric evidence based on micro data covering 205 residential projects subsidized by the California Low Income Housing Tax Credit since 1996 and completed by mid-2002 demonstrates that construction costs increased substantially under prevailing wage requirements. Estimates of additional construction costs in the authors' most extensive models range from 9% to 37%. The analysis controls for variations in cost by geographical location and for differences in project characteristics, financing, and developer attributes. The authors estimate the effect of uniform imposition of these regulations on the number of new dwellings for low-income households produced under the tax credit program in California. Under reasonable assumptions, the mid-range estimate of the prospective decrease exceeds 3, 100 units per year.


2018 ◽  
Vol 95 (6) ◽  
pp. 888-898 ◽  
Author(s):  
Wenya Yu ◽  
Chen Chen ◽  
Boshen Jiao ◽  
Zafar Zafari ◽  
Peter Muennig

Author(s):  
Jill Khadduri ◽  
Carissa Climaco ◽  
Kimberly Burnett ◽  
Laurie Gould ◽  
Louise Elving

2011 ◽  
Vol 36 (4) ◽  
pp. 111-120
Author(s):  
Ahmed Abu Al Haija

The relationship between people, environmental circumstances and the cost of projects in Jordan are focal points of this study, where the problem of low-income housing needs is still increasing, having tripled in the last two decades. The shortage of public housing production and the cost of lands and building materials, mainly controlled by private sector investors, are substantial reasons for the housing crisis in a country of poor economic recourses and high percentage of poverty. The Jordanian government decided to aid the poorest class of the population, offering free of charge shelters organized in small residential quarters, which became a prototype diffused throughout all the Jordanian regions. This paper analyzes one of these typical quarters, collecting data through face-to-face interviews with the households using a structured questionnaire. The study focuses on the physical components of the quarter, looking at open spaces, paths, streets, volumes, materials, colors in relation with the environmental context. It also investigates the households' requirements, relationships and preferences. The study discusses also the housing problems at the macro scale level in order to concretely evaluate the shelters' cost, setting some guidelines with respect to the cultural and environmental local conditions.


2021 ◽  
pp. 106950
Author(s):  
Anna E. Austin ◽  
Christine Piette Durrance ◽  
Carol W. Runyan ◽  
Desmond K. Runyan ◽  
Sandra L. Martin ◽  
...  

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