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Rental Housing Assistance for the 21st Century

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  • Brendan O'Flaherty

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    (Columbia University - Department of Economics)

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    Abstract

    Current rental housing assistance programs are not designed to provide a safety net for people whose lives are volatile, or to encourage poor people to live in good locations. These failings can be corrected. HUD should establish a program of rental insurance-like mortgage insurance, but for renters. Low income housing assistance formulas should be revised to reward good neighborhood features, and punish bad.

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    Bibliographic Info

    Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number 1011-09.

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    Date of creation: 2011
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    Handle: RePEc:clu:wpaper:1011-09

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