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Building Affordable Rental Housing in Unaffordable Cities: A Canadian Low-Income Housing Tax Credit

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Author Info
Marion Steele (University of Guelph)
Francois Des Rosiers (Laval University)

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Abstract

Many Canadian cities are short of affordable rental housing. Waiting lists for low-income housing are years in length, and new-build construction of rental housing has fallen over the last two decades. This study proposes a better way to build more low-income housing in expensive Canadian cities. A made-in-Canada Low-Income Housing Tax Credit (LIHTC) could leverage private sector expertise in site location, building, and management to build more and better low-income rental housing.

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Publisher Info
Article provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary.

Volume (Year): (2009)
Issue (Month): 289 (May)
Pages:
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Handle: RePEc:cdh:commen:289

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Related research
Keywords: social policy; Canadian Mortgage and Housing Corporation; social housing;

Find related papers by JEL classification:
H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
R21 - Urban, Rural, and Regional Economics - - Household Analysis - - - Housing Demand

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  1. Benjamin, John D & Chinloy, Peter & Sirmans, G Stacey, 2000. "Housing Vouchers, Tenant Quality, and Apartment Values," The Journal of Real Estate Finance and Economics, Springer, vol. 20(1), pages 37-48, January. [Downloadable!] (restricted)
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This page was last updated on 2009-11-17.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.