Comment on Kirk McClure's “The low‐income housing tax credit program goes Mainstream and moves to the suburbs”
David Varady
Housing Policy Debate, 2006, vol. 17, issue 3, 461-472
Abstract:
The news that the Low‐Income Housing Tax Credit (LIHTC) program has gone mainstream and moved to the suburbs is to be welcomed, but we should not have unrealistic expectations. The program is likely to lead to only a limited amount of income mixing in the surrounding area. These developments work against social mixing since so many of the residents have low incomes. Also, it would be a mistake to view the program as a substitute for the Housing Choice Voucher Program because it outperforms the latter as a device for deconcentrating poverty in the nation as a whole. In places like Alameda County, CA, voucher recipients have been subur‐banizing in large numbers, and this model needs to be replicated. Finally, suburban LIHTC developments will achieve their full potential only if community groups are involved early in the application process and if tenants are carefully screened and rules are strictly enforced.
Date: 2006
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/10511482.2006.9521578 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:houspd:v:17:y:2006:i:3:p:461-472
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RHPD20
DOI: 10.1080/10511482.2006.9521578
Access Statistics for this article
Housing Policy Debate is currently edited by Tom Sanchez, Susanne Viscarra and Derek Hyra
More articles in Housing Policy Debate from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().