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Title: Assessing the Effectiveness of Approaches to the Allocation of Low-Income Housing Tax Credits in Proximity to Rail Transit
Accession Number: 01373321
Record Type: Component
Abstract: This research aims to explore the effectiveness of different approaches to awarding Low-Income Housing Tax Credits (LIHTCs) in proximity to rail transit. Data from the LIHTC database is examined in order to identify the percentage of LIHTC projects constructed in neighborhoods served by rail transit, and to draw conclusions about the four different approaches (“No Incentives,” “Preference,” “Points,” and “30% Basis Boost”) to allocating tax credits near rail transit. U.S. Census data from 1990 and 2009 is also examined for four cases, one from each approach, in order to understand whether trends related to socio-demographics, economics, and travel behavior may be tied to the different allocation approaches. Results from these analyses indicate that more aggressive approaches to the allocation of LIHTCs in proximity to rail transit may help to bolster the provision of affordable housing in those areas.
Supplemental Notes: This paper was sponsored by TRB committee ADD50 Environmental Justice in Transportation
Monograph Title: Monograph Accession #: 01362476
Report/Paper Numbers: 12-1876
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Luckey, Kara S.Pagination: 15p
Publication Date: 2012
Conference:
Transportation Research Board 91st Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References
(25)
; Tables
TRT Terms: Identifier Terms: Uncontrolled Terms: Subject Areas: Economics; Public Transportation; Railroads; Society; I10: Economics and Administration; I70: Traffic and Transport
Source Data: Transportation Research Board Annual Meeting 2012 Paper #12-1876
Files: TRIS, TRB
Created Date: Feb 8 2012 5:06PM
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