How Do State Housing Agencies Allocate Mortgage Revenue Bond Subsidies?

Jonathan Kivell and Charles L. Vehorn

Municipal Finance Journal, 2007, vol. 28, issue 1, 37 - 52

Abstract: Using a unique data set that captures statewide activity over several years, this paper’s objectives are to examine (1) how state housing finance agencies (HFAs) have allocated mortgage revenue bond (MRB) subsidies to home buyers in different income groups and (2) whether there has been any regional variation in targeting subsidized loans to prospective home buyers who likely would not qualify for a conventional loan.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ucp:munifj:doi:10.1086/mfj28010037

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