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The political history of and prospects for reauthorizing new markets


  • Roberts, Benson F.


Mr. Roberts, the Local Initiatives Support Corporation’s Vice President for Policy, is at the forefront of efforts to renew the NMTC program. This article combines his recent political experience with an analysis of the political history of the NMTC program. The across-the-political-spectrum popularity of the program, combined with its growing effectiveness, good reputation, and adept lobbying efforts bode well for a successful renewal fight that is currently underway in Congress.

Suggested Citation

  • Roberts, Benson F., 2005. "The political history of and prospects for reauthorizing new markets," Community Development Investment Review, Federal Reserve Bank of San Francisco, issue 1, pages 21-32.
  • Handle: RePEc:fip:fedfcr:y:2005:p:21-32:n:v.1no.1

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    References listed on IDEAS

    1. Galster, George, 2002. "An economic efficiency analysis of deconcentrating poverty populations," Journal of Housing Economics, Elsevier, vol. 11(4), pages 303-329, December.
    2. George A. Akerlof, 1980. "A Theory of Social Custom, of which Unemployment may be One Consequence," The Quarterly Journal of Economics, Oxford University Press, vol. 94(4), pages 749-775.
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