Download or read book Towards a Targeted Homeownership Tax Credit written by J. Michael Collins and published by . This book was released on 1998 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 The Low Income Housing Tax Credit and Neighborhood Change written by Melanie Jaskolka and published by . This book was released on 2015 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Low-Income Housing Tax Credit (LIHTC) program awards tax credit to developers who allocate at least a certain percentage of their development to low-income units. The program creates affordable housing and encouraging investment and development. Most projects funded with the tax credit are located in primarily minority, low-income neighborhoods. An important question is whether in addition to adding to the housing stock, these projects have spillover effects on the economic standing of the neighborhood. There are at least two possible answers. If the newly constructed or renovated dwellings make the location more attractive, the presence of LIHTC developments could spur neighborhood revitalization and perhaps eventually, gentrification. Alternatively, the presence of affordable housing in a neighborhood may dissuade potential newcomers and investors and eventually drive out middle class residents concerned about falling housing values. Using OLS and looking at the effect of the tax credit on median household income over a thirty year period, I find no relationship between the number of LIHTC projects and household income at any point throughout the period. My results do reveal, however, that the percentage of affordable units in LIHTC-funded projects is negatively correlated with median income. I argue that this relationship may be due to developers' differing goals: some developers build projects that are either primarily or entirely targeted towards low-income residents, whereas other developers put in the minimum number of affordable units simply as a means to qualify for the tax credit. Future research might examine projects built by different types of developers, such as non-profit versus for-profit, and the differences between them.

Download or read book Low income Housing Tax Credits and the Role of Tax Policy in Preserving the Stock of Low income Housing written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 1988 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Do Tax Credits Help Promote Homeownership written by Baltimore Efficiency & Economy Foundation and published by . This book was released on 2002 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Low income Homeownership written by Nicolas Paul Retsinas and published by Brookings Institution Press. This book was released on 2002 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume gathers the observations of housing experts on low-income homeownership and its effects on households and communities.

Download or read book Using HOME with Low income Housing Tax Credits written by United States. Office of Affordable Housing Programs and published by . This book was released on 1997 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book California s Low income Housing Tax Credit written by California. Legislature. Joint Legislative Budget Committee. Legislative Analyst and published by . This book was released on 1990 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Low Income Housing Tax Credit written by Yvette Daniels and published by Nova Science Publishers. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The low-income housing tax credit (LIHTC) program is one of the federal government's primary policy tools for encouraging the development and rehabilitation of affordable rental housing. These non-refundable federal housing tax credits are awarded to developers of qualified rental projects via a competitive application process administered by state housing finance authorities. Developers typically sell their tax credits to outside investors in exchange for equity. Selling the tax credits reduces the debt developers would otherwise have to incur and the equity they would otherwise have to contribute. With lower financing costs, tax credit properties can potentially offer lower, more affordable rents. The LIHTC is estimated to cost the government an average of approximately $7 billion annually. This book discusses LIHTC's fixed subsidy and variable rates; addresses the Internal Revenue Service's oversight of LIHTC; and how LIHTC administration and oversight compare with that of other tax credit programs.

Download or read book Low income Housing Tax Credit written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 1989 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax Credits for Low Income Housing written by Joseph Guggenheim and published by . This book was released on 2000 with total page 476 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 It s Not Like I m Poor written by Sarah Halpern-Meekin and published by Univ of California Press. This book was released on 2015-01-14 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world of welfare has changed radically. As the poor trade welfare checks for low-wage jobs, their low earnings qualify them for a hefty check come tax time—a combination of the earned income tax credit and other refunds. For many working parents this one check is like hitting the lottery, offering several months’ wages as well as the hope of investing in a better future. Drawing on interviews with 115 families, the authors look at how parents plan to use this annual cash windfall to build up savings, go back to school, and send their kids to college. However, these dreams of upward mobility are often dashed by the difficulty of trying to get by on meager wages. In accessible and engaging prose, It’s Not Like I’m Poor examines the costs and benefits of the new work-based safety net, suggesting ways to augment its strengths so that more of the working poor can realize the promise of a middle-class life.

Download or read book Targeting written by Steve Hinze and published by . This book was released on 2014 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Targeting written by Karen Baker and published by . This book was released on 2003 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Introduction to Low Income Housing Tax Credits Print Edition written by Novogradac & Company and published by . This book was released on 2010-02-05 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Targeting written by Karen Baker and published by . This book was released on 1992 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: