Using new markets tax credits to mitigate the impact of foreclosures on communities
AbstractThe author presents an overview of what is being done and offers community development practitionersâ ideas about how to refine and strengthen the federal program. One example: change the program to allow a separate, additional allocation of tax credits for the purchase and resale of foreclosed property in low-income areas.
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Bibliographic InfoArticle provided by Federal Reserve Bank of San Francisco in its journal Community Development Investment Review.
Volume (Year): (2009)
Issue (Month): ()
Other versions of this item:
- Anna Steiger, 2008. "Using new markets tax credits to mitigate the impact of foreclosures on communities," New England Community Developments, Federal Reserve Bank of Boston, pages 8-12.
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