Thursday, March 28, 2024
Hawai'i Free Press

Current Articles | Archives

Wednesday, October 14, 2015
Does Subsidized Housing Reduce Homelessness?
By NCPA @ 3:47 PM :: 4452 Views :: Homelessness

Do Increases in Subsidized Housing Reduce the Incidence of Homelessness?

NCPA October 14, 2015

A recent study examined the impact of subsidized housing on homelessness using the Low-Income Housing Tax Credit (LIHTC), the largest place-based housing program in the United States.

LIHTC is a tax incentive that benefits affordable rental housing developments targeted at low-income households. The credits are distributed in each state to private developers through a competitive process. To qualify for the credit, a project must meet certain criteria for tenant incomes for a subset of units.

The study found that:

  • LIHTC program increases the local stock of low-income rental units but there is no evidence that these increases reduce local area homelessness in poor neighborhoods.
  • Increases in low-income housing may attract homeless individuals to areas with greater LIHTC activity because the homeless population is very mobile.
  • Once mobility across neighborhoods is taken into account via county-level estimation, evidence suggests that LIHTC development does reduce area homelessness.
  • Local housing demand of the homeless may be fairly price sensitive, likely due in part to high mobility across neighborhoods.

Therefore, the effects on homelessness and possibly other outcomes of local expansions of LIHTC developments may cross local boundaries. Additionally, the method of allocating low-income units is a particularly important channel for affecting homelessness.

The findings are consistent with proposed policies to encourage income mixing and to target LIHTC housing to those at risk of becoming homeless or those who already are homeless. Further examination of the LIHTC program, including more extensive effects on the already-housed, would be very useful.

Source: Osborne Jackson and Laura Kawano, "Do Increases in Subsidized Housing Reduce the Incidence of Homelessness?" Federal Reserve Bank of Boston, May 2015.

 

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Moms for Liberty

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT