Download or read book Long Term Impacts of Individual Development Accounts on Homeownership Among Baseline Renters written by Michal Grinstein-Weiss and published by . This book was released on 2013 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the long-term effects of a 1998-2003 randomized experiment in Tulsa, Oklahoma with Individual Development Accounts that offered low-income households 2:1 matching funds for housing down payments. Prior work shows that, among households who rented in 1998, homeownership rates increased more through 2003 in the treatment group than for controls. We show that control group renters caught up rapidly with the treatment group after the experiment ended. As of 2009, the program had an economically small and statistically insignificant effect on homeownership rates, the number of years respondents owned homes, home equity, and foreclosure activity among baseline renters.
Download or read book The Assets Perspective written by R. Cramer and published by Springer. This book was released on 2014-03-06 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy's struggles to overcome the lingering effects of the Great Recession presented unique but essential questions.The book considers a full range of data which considers how this recent experience has impacted households, providing a thorough and contemporary treatment of how the assets perspective has prompted changes within social policy.
Download or read book Critical Issues In Asset Building In Singapore s Development written by S Vasoo and published by World Scientific. This book was released on 2018-06-19 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singapore's progress as an independent nation and the uplifting of its people's livelihood have been made possible by stable social and political conditions. A more important factor in driving these positive changes lies with people-centric leadership. One can contrast the case of Singapore with societies led by self-serving leaders whose lack of honesty and integrity brings about immense social and economic hardships to various communities. When people suffer under undesirable circumstances, they often migrate to seek better future for themselves and their families.This book reveals how Singapore's governance grounded on the principle of asset building facilitates the country's growth and development. Policies being discussed in this volume include multi-culturalism, accessible housing, social mobility for low-income families, water resource management, and national conscription.Highly relevant for students, policy makers and the general public interested in socio-political and economic development issues, this unique piece of work not only gives readers a documentary account of what has been undertaken to empower and assist citizens in the last 50 years or so, but also prompts them to reflect on Singapore's future trajectory.Related Link(s)
Download or read book What Do Individual Development Accounts Do Evidence from a Controlled Experiment written by Gregory Mills and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates the first controlled field experiment on Individual Development Accounts (IDAs). Including their own contributions and matching funds, treatment group members could accumulate up to $6,750 for home purchase or $4,500 for other qualified uses. Almost all treatment group members opened accounts, but many withdrew the balances for unqualified purposes. For black renters at baseline, the IDA raised home ownership rates by almost 10 percentage points over 4 years, but reduced financial assets and business ownership. White renters experienced no home ownership effects, but business equity rose. Home owners used the IDA in different ways than renters.
Download or read book Effects of Individual Development Accounts on Asset Purchases and Saving Behavior written by Gregory Mills and published by . This book was released on 2011 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We evaluate the first controlled field experiment on Individual Development Accounts (IDAs). Including their own contributions and matching fund, treatment group members in the Tulsa, Oklahoma program could accumulate $6,750 for home purchase or $4,500 for other qualified uses. Almost all treatment group members opened accounts, but many withdrew all funds for unqualified purposes. Among renters at the beginning of the experiment, the IDA increased homeownership rates after 4 years by 7-11 percentage points and reduced non-retirement financial assets by $700-$1000. The IDA had almost no other discernable effect on other subsidized assets, overall wealth or poverty rates.
Download or read book Departments of Veterans Affairs and Housing and Urban Development and Independent Agencies Appropriations for 1996 written by United States. Congress. House. Committee on Appropriations. Subcommittee on VA, HUD, and Independent Agencies and published by . This book was released on 1995 with total page 1138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Departments of Veterans Affairs and Housing and Urban Development and Independent Agencies Appropriations for 1997 Department of Housing and Urban Development written by United States. Congress. House. Committee on Appropriations. Subcommittee on VA, HUD, and Independent Agencies and published by . This book was released on 1996 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Affordable Rental Housing Making It Part of Europe s Recovery written by Khalid ElFayoumi and published by International Monetary Fund. This book was released on 2021-05-24 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.
Download or read book Assets and the Poor written by Michael Sherraden and published by Routledge. This book was released on 2016-09-16 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.
Download or read book From Individual Development Accounts to Community Asset Building written by Solana Rice and published by . This book was released on 2005 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individual Development Accounts (IDAs) are matched saving accounts for low-income individuals to save for the purchase of an asset. As one of many national initiatives that encourage homeownership, this thesis explores how community-based organizations use this tool in concert with other community development efforts to not only help individuals purchase homes, but also help families maintain the asset. Unlike most research on IDAs, this thesis studies organizations, not individuals, as its unit of analysis because organizational capacity and decision-making greatly shapes the participant experience. Through the study of three community-based organizations that have IDAs as a component of their work, this thesis finds the ability to 1) quickly establish trust through developing relationships and reputation, 2) respond to local housing markets and participant demand, and 3) connect to resources and services puts these organizations at the forefront of using Individual Development Accounts as a versatile economic development tool that is part of a larger agenda of creating communities and neighborhoods that can sustain homeownership.
Download or read book A New Deal for Welfare written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2006-01-24 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Green Paper sets out the Government's proposals for welfare reform, including proposals for incapacity benefit claimants, lone parents and older workers, in order to achieve an 80 per cent employment rate for people of working age. Proposals to reform incapacity benefit include the introduction of: i) a new benefit called Employment and Support Allowance (ESA), to replace incapacity benefit from 2008, with an enhanced employment support element; ii) revised medical assessments which focus on ability and support needs rather than incapacity, to be completed in 12 weeks in most cases; and iii) mandatory work-focused interviews supported by a mandatory action plan for return to work activity for new and existing claimants. Other proposals include a £360 million roll out of the Pathways to Work scheme across the country by 2008 (currently being piloted in seven areas); piloting a new work-related activity premium for lone parents on income support benefit and increasing the frequency of work-focused interviews; improving support for jobseekers over 50 years and working with employers to extend flexible working arrangements. The deadline for responses to this consultation document is 21 April 2006.
Download or read book Reinvention of HUD and Redirection of Housing Policy written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing Opportunity and Community Development and published by . This book was released on 1995 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Evaluations 1980 written by United States. General Accounting Office and published by . This book was released on 1980 with total page 1014 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Permanent Supportive Housing written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-08-11 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chronic homelessness is a highly complex social problem of national importance. The problem has elicited a variety of societal and public policy responses over the years, concomitant with fluctuations in the economy and changes in the demographics of and attitudes toward poor and disenfranchised citizens. In recent decades, federal agencies, nonprofit organizations, and the philanthropic community have worked hard to develop and implement programs to solve the challenges of homelessness, and progress has been made. However, much more remains to be done. Importantly, the results of various efforts, and especially the efforts to reduce homelessness among veterans in recent years, have shown that the problem of homelessness can be successfully addressed. Although a number of programs have been developed to meet the needs of persons experiencing homelessness, this report focuses on one particular type of intervention: permanent supportive housing (PSH). Permanent Supportive Housing focuses on the impact of PSH on health care outcomes and its cost-effectiveness. The report also addresses policy and program barriers that affect the ability to bring the PSH and other housing models to scale to address housing and health care needs.
Download or read book Housing and Urban Development Research Reports written by and published by . This book was released on 1981 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Impacts of Resource Developments written by C. C. Kissling and published by Routledge. This book was released on 2017-08-23 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1984. Australia is a resource-rich country deriving a significant proportion of its export earnings from trade in these resources. At the same time, the country is young, sparsely populated beyond the coastal fringe, particularly in the resource-rich areas, and environmentally fragile. The consequences of resource exploitation in these areas have far-reaching policy implications. A range of these concerns is canvassed in this volume, encompassing the views of policy-makers, planners and academics. Five chapters address social and economic impacts ranging over manufacturing and tertiary industry, immigration and labour markets, employment and population and the provision of educational facilities. Many of these are seen in microcosm in the Hunter Valley, New South Wales. Two contributions offer an international perspective, one in another federal system – Canada – and one where Australian interests are participating in resource extraction – Papua New Guinea. The issues raised are fundamental to Australia's development in the 1980's and of importance to everyone connected with the development and planning of Australia's future.
Download or read book Federal Evaluations written by and published by . This book was released on with total page 1008 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains an inventory of evaluation reports produced by and for selected Federal agencies, including GAO evaluation reports that relate to the programs of those agencies.
