Download or read book Federal Rental Housing Production Incentives written by United States. General Accounting Office and published by . This book was released on 1985 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Rental Housing Production Incentives written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO reported on a cash flow model which measures how various production incentives affect lower income families' rent and investors' after-tax rates of return. The federal government has been encouraging private development of rental housing by providing tax incentives, federal mortgage insurance, and direct financing subsidies which, together with rental assistance to supplement tenant rents, have been aimed at making multifamily rental housing more affordable to lower income families. For each production incentive, a model was developed to measure the after-tax rate of return at a given rent level or the rent level given an assumed after-tax rate of return. The model results showed that rental housing production incentives can either increase investor profitability or lower rents. Under the Economic Recovery Tax Act, tax incentives increased the rate of return from 15 to 16 percent, benefits from federal mortgage insurance increased the rate of return from 16 percent to about 25 percent, and financing subsidies further increased the rate of return from about 25 percent to 29 percent. As the rate of return increases, more private investment in new rental housing should occur. This increase in the supply of rental housing should reduce rents. However, the extent to which rates of return increase or rents are reduced depends largely on the rate of return required to induce development of rental housing, the availability of production incentives to investors, the competitive nature of rental housing markets, and the degree of rent control exercised by the government.
Download or read book Federal Tax Incentives and Rental Housing written by David Einhorn and published by . This book was released on 1983 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Rental Housing Production Incentives written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-19 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Rental Housing Production Incentives: Effect on Rents and Investor Returns
Download or read book Federal Rental Housing Production Incentives written by United States. General Accounting Office and published by . This book was released on 1985 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Tax Incentives and Rental Housing written by David Einhorn and published by . This book was released on 1982 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rental Housing written by United States. General Accounting Office and published by . This book was released on 1991 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rental Housing written by United States. General Accounting Office and published by . This book was released on 1991 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Income Averaging written by United States. Internal Revenue Service and published by . This book was released on 1985 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A New national housing policy written by and published by . This book was released on 1987 with total page 1120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Housing Production written by John Sidor and published by . This book was released on 1987 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Crs Report for Congress written by Congressional Research Service: The Libr and published by BiblioGov. This book was released on 2013-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Low-Income Housing Tax Credit (LIHTC) is an economic incentive to produce affordable rental housing. These federal housing tax credits are awarded to developers of qualified projects, who either use or sell the credits to investors to raise capital (or equity) for real estate projects. The tax benefit reduces the debt and/or equity financing that the developer would otherwise have to obtain. With lower financing costs, beneficiaries of tax credits can offer lower, more affordable rents. Proponents of the credit view the LIHTC as highly effective because of the more than one million rental units already financed by the credit. Proponents also emphasize that the credit is responsible for the production of up to 50% of all multifamily housing starts in any given year. Opponents argue that the LIHTC is not effective or, at a minimum, far less effective than supporters claim because LIHTC units have supplanted other affordable rental housing and because the supply-side credit program is more costly than demand-side subsidies like the Section 8 Housing Voucher Program. Opponents also argue that the LIHTC program does not serve very-low-income households, who are often most in need of affordable housing. As policy makers begin to address affordable-housing issues, modifications ...
Download or read book Low income Housing Tax Credit Handbook written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "'Low-Income Housing Tax Credit Handbook' provides definitive guidance through the complex body of laws, regulations, and judicial decisions concerning the low-income housing credit (LIHC)"--
Download or read book Gulf Opportunity Zone written by Michael Brostek and published by DIANE Publishing. This book was released on 2009 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2005, Hurricanes Katrina, Rita, and Wilma devastated the Gulf Coast, destroying wide swaths of housing, key infrastructure, and numerous private bus. In response, Congress passed the Gulf Opportunity (GO) Zone Act of 2005 which provided tax incentives to individuals and bus. in certain disaster areas. This report reviews how state and local governments allocated and used fed. tax incentives in the act and subsequent legislation: (1) identifies tax incentives in the GO Zone Act and subsequent legislation for which state and local governments have allocation and oversight responsibilities; (2) describes the procedures state governments use in allocating the tax incentives; and (3) describes how tax incentives have been allocated and for what purposes. Illus.
Download or read book A Critique of Federal Income Tax Incentives in the Development and Operation of Subsidized Rental Housing written by James Edward Wallace and published by . This book was released on 1972 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Meeting Our Nation s Housing Challenges written by United States. Millennial Housing Commission and published by . This book was released on 2002 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Housing Assistance written by United States. General Accounting Office and published by . This book was released on 2002 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
