Federal Housing Subsidies Their Nature And Effectiveness
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Housing Subsidies and Housing Policy
Author | : United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government |
Publisher | : |
Total Pages | : 36 |
Release | : 1973 |
Genre | : Housing |
ISBN | : |
The Failed Federalism of Affordable Housing
Author | : Noah Kazis |
Publisher | : |
Total Pages | : 0 |
Release | : 2022 |
Genre | : |
ISBN | : |
This Article uncovers a critical disjuncture in our system of providing affordable rental housing. At the federal level, the oldest, fiercest debate in low-income housing policy is between project-based and tenant-based subsidies: should the government help build new affordable housing projects or help renters afford homes on the private market? But at the state and local level, it is as if this debate never took place. The federal government (following most experts) employs both strategies, embracing tenant-based assistance as more cost-effective and offering tenants greater choice and mobility. But this Article shows that state and local housing voucher programs are rare, small, and limited to special populations. States and cities almost exclusively provide project-based rental assistance. They move in lockstep despite disparate market conditions and political demands: project-based spending overwhelmingly predominates in states that are liberal or conservative and high- or low-rent. States have done so across decades of increased spending. This uniform subnational approach suggests an unhealthy federalism: neither efficient nor experimental. This Article further diagnoses why states have made this unusual choice, identifying four primary culprits: 1) fiscally-constrained states use project-based models to minimize painful cuts during recessions; 2) incomplete federal housing subsidies inadvertently incentivize project-based spending; 3) the interest groups involved in financing and constructing affordable housing are relatively more powerful subnationally; and 4) rental assistance's unusual, lottery-like nature elevates the value of visible spending over cost-effectiveness. Finally, this Article points a path towards reform. Taking a federalist perspective allows for a new understanding of federal housing statutes. Better cooperative models could accept states' limitations in providing rental assistance--and exploit their strengths.
Federal subsidies for public housing
Author | : Roberta Drews |
Publisher | : |
Total Pages | : 112 |
Release | : 1983 |
Genre | : Housing policy |
ISBN | : |
Housing Subsidies and Housing Policy
Author | : United States. Congress. Economic Joint Committee |
Publisher | : |
Total Pages | : 38 |
Release | : 1973 |
Genre | : |
ISBN | : |
Housing Subsidies
Author | : Harvey S. Rosen |
Publisher | : |
Total Pages | : 102 |
Release | : 1983 |
Genre | : Housing policy |
ISBN | : |
This paper surveys the effects of two of the most important federal policies toward housing: the "implicit subsidy" for owner-occupied housing in the income tax code, and the provision of housing for low income families at rents below cost. Emphasis is placed on the methodological problems that arise in attempts to assess the efficiency and distributive implications of these programs. Section 1 critically discusses the rationalization for a government housing policy. Section 2 investigates the econometric problems associated with estimating the effects of government policy upon housing decisions. The federal tax treatment of owner-occupation and how it affects the cost and demand for homeownership are discussed in Section 3. In Section 4, the positive and normative implications of U.S. policies for low income housing are evaluated. The conclusion notes that the policies under concern have led to a greater than efficient amount of housing consumption, and have on net probablyl ed to a more unequal distribution of income
Improving the Efficiency of Federal Housing Subsidies
Author | : John M. Ols |
Publisher | : |
Total Pages | : 20 |
Release | : 1989 |
Genre | : Housing subsidies |
ISBN | : |