The Critical Role of TIF, LIHTC, and City Grants
Jaime P. Luque,
Nuriddin Ikromov and
William B. Noseworthy
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Jaime P. Luque: ESCP Europe
Nuriddin Ikromov: California State University
William B. Noseworthy: McNeese State University
Chapter Chapter 8 in Affordable Housing Development, 2019, pp 99-112 from Springer
Abstract:
Abstract This chapter introduces Tax Incremental Financing (TIF) and Low-Income Housing Tax Credits (LIHTC) in a financial feasibility model with heterogenous locations. We show that both TIF and LIHTC effectively allow landlords to charge lower rents and make housing more affordable.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-04064-2_8
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DOI: 10.1007/978-3-030-04064-2_8
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