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More Affordable Housing, But Where, and for Whom? A New Jersey Study revealing the Low Income Housing Tax Credit’s Impact, and the Ongoing Concentration of the Poor

dc.contributor.authorBiglin, Brian N.
dc.date.accessioned2020-09-04T17:27:03Z
dc.date.available2020-09-04T17:27:03Z
dc.date.issued2011-07-01
dc.description.abstractSince its inception as part of the Tax Reform Act of 1986, the Tax Credit for Low-Income Rental Housing (Low Income Housing Tax Credit, “LIHTC”) has been the most significant government subsidy for the provision of affordable rental housing.1 The program has grown significantly in size, especially in recent years. In 2001, states received $1.50 per capita to dedicate to tax credits for qualifying projects; by 2010, this federal expenditure rose to $2.10 per capita.2 Even in its early days, LIHTC was called the most generous tax credit in history.3 By 2000, one million units of affordable housing- compliant with metro-specific rent caps and tenant income restrictions described in this paper- had been created nationwide by use of the LIHTC.4 By 2008, that total reached over 1.76 million.5
dc.description.legacydownloads2011_48_63_Biglin.pdf: 1038 downloads, before Aug. 1, 2020.
dc.identifier.other5206594
dc.identifier.urihttps://hdl.handle.net/1813/70688
dc.language.isoen_US
dc.relation.ispartofseriesCornell Real Estate Review
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectTax Reform Act of 1986
dc.subjectTax Credit
dc.subjectLow-Income Rental Housing
dc.subjectLow Income Housing Tax Credit
dc.subjectLIHTC
dc.subjectpoor
dc.subjectinner cities
dc.subjecteligibility
dc.subjectincentives
dc.subjectadministration
dc.subjectsegregation
dc.subjectcredit
dc.subjectCornell
dc.subjectreal estate
dc.titleMore Affordable Housing, But Where, and for Whom? A New Jersey Study revealing the Low Income Housing Tax Credit’s Impact, and the Ongoing Concentration of the Poor
dc.typearticle
local.authorAffiliationBiglin, Brian N.: Rutgers School of Law
schema.issueNumberVol. 9

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