[...]In this paper, we first provide background information onprogram expenditures and a brief review of the literature. Next,we describe the housing provided under each program and ourmethodology for estimating costs. We then present our totalcost estimates along with estimates of the share of...

This paper was presented at the conference "Policies to Promote Affordable Housing," cosponsored by the Federal Reserve Bank of New York and New York University's Furman Center for Real Estate and Urban Policy, February 7, 2002. It was part of Session 4: Housing Subsidies and Finance.

Boston's high housing costs reflect a historic failure to build enough units to satisfy demand. Interest rates and construction costs have risen recently, and the flow of new market-rate residential housing projects has slowed. To spur more construction, the City of Boston is considering various...

The purpose ofthis paper isto examine some ofthe salient features of the concept of enterprise zones, especially those aspects included intheadministration'splan,inanefforttopredicttheactualoutcome of this policy proposal if it is enacted and implemented. Even though the concept of enterprise...

The purpose ofthis paper isto examine some ofthe salient features of the concept of enterprise zones, especially those aspects included intheadministration'splan,inanefforttopredicttheactualoutcome of this policy proposal if it is enacted and implemented. Even though the concept of enterprise...

Individuals invest in their local environments by volunteering, getting involved in local government, becoming informed about their political leaders, joining non-professional organizations and even gardening. Homeownership may encourage these investments because homeownership gives individuals...

An active secondary mortgage market requires underwriting and mortgage contract standards as well as mortgage performance information for potential investors to assess. These standards and information have been developed in the single-family mortgage market, but not in the secondary market for...

A paper presented at the February 2002 conference quot;Policies to Promote Affordable Housing,quot; cosponsored by the Federal Reserve Bank of New York and New York University's Furman Center for Real Estate and Urban Policy