This article introduces the idea that for-profit entities compete against nonprofit organizations for limited governmental incentives offered to promote the privatization of social services. This competitive dynamic can adversely affect the intended beneficiaries of social policy to the extent...

The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we evaluate the role of specific housing policies which tend to discourage homeownership. In comparison to other countries with higher homeownership such as the United States, Germany...

The Qualified Census Tract (QCT) provision of the Low-Income Housing Tax Credit statute encourages private developers to build low-income housing in low-income and high-poverty areas. This article discusses the legislative history of the QCT provision, explains the current designation...

The Low-Income Housing Tax Credit (LIHTC) program has been a significant source of new multifamily housing for a quarter century, producing more than 2 million units of affordable rental housing since 1987. In recent years, LIHTCs have provided funding for approximately one-third of all new...

This Article seeks to start a conversation about the rights of the people who reside in Low-Income Housing Tax Credit units and how the law can be changed to better protect them; about their right not only to long-term housing at affordable rents, but to housing that is suitable for occupancy...

Affordable housing programs as place-based programs in the United States have an impact on the neighborhoods, but little is known about the impact of affordable housing construction on individuals living in the neighborhoods hosting these projects. This paper investigates the effects of...

The Low-Income Housing Tax Credit (“LIHTC”) is the nation’s largest program to produce and preserve subsidized housing. To ensure that LIHTC avoids harmfully concentrating poverty, entrenching segregation, or inefficiently deploying resources, federal law requires that states prioritize...

Examining corporate investment in low-income housing tax credits reveals that firms are willing to incur costs in order to manage the income statement classification of an expense. Accounting rules allow investors who purchase a tax benefit guarantee to amortize their equity in a real estate...