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Low-Income Housing Policy

In: Economics of Means-Tested Transfer Programs in the United States, Volume 2

Author

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  • Robert Collinson
  • Ingrid Gould Ellen
  • Jens Ludwig

Abstract

The United States government devotes about $40 billion each year to means-tested housing programs, plus another $6 billion or so in tax expenditures on the Low Income Housing Tax Credit (LIHTC). What exactly do we spend this money on, why, and what does it accomplish? We focus on these questions. We begin by reviewing the history of low-income housing programs in the U.S., and then summarize the characteristics of participants in means-tested housing programs and how programs have changed over time. We consider important conceptual issues surrounding the design of and rationale for means-tested housing programs in the U.S. and review existing empirical evidence, which is limited in important ways. Finally, we conclude with thoughts about the most pressing questions that might be addressed in future research in this area.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert Collinson & Ingrid Gould Ellen & Jens Ludwig, 2015. "Low-Income Housing Policy," NBER Chapters, in: Economics of Means-Tested Transfer Programs in the United States, Volume 2, pages 59-126, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:13485
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    Citations

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    Cited by:

    1. Marc K. Chan & Robert Moffitt, 2018. "Welfare Reform and the Labor Market," Annual Review of Economics, Annual Reviews, vol. 10(1), pages 347-381, August.
    2. Dorothy Watson & Eoin Corrigan, 2019. "Social Housing in the Irish Housing Market," The Economic and Social Review, Economic and Social Studies, vol. 50(1), pages 213-248.
    3. Alois Guger & Silvia Rocha-Akis, 2016. "Umverteilung durch den Staat in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(5), pages 329-345, May.
    4. Bruce D. Meyer & Derek Wu, 2018. "The Poverty Reduction of Social Security and Means-Tested Transfers," NBER Working Papers 24567, National Bureau of Economic Research, Inc.
    5. Nicholas Chiumenti, 2019. "The growing shortage of affordable housing for the extremely low income in Massachusetts," New England Public Policy Center Policy Reports 19-1, Federal Reserve Bank of Boston.
    6. Hyslop, Dean R. & Rea, David, 2019. "Do housing allowances increase rents? Evidence from a discrete policy change," Journal of Housing Economics, Elsevier, vol. 46(C).
    7. Eerola, Essi & Saarimaa, Tuukka, 2015. "Who benefits from public housing?," Research Discussion Papers 30/2015, Bank of Finland.
    8. Katharine L. Shester & Samuel K. Allen & Christopher Handy, 2019. "Concrete measures: the rise of public housing and changes in young single motherhood in the U.S," Journal of Population Economics, Springer;European Society for Population Economics, vol. 32(2), pages 369-418, April.
    9. Schünemann, Johannes & Trimborn, Timo, 2017. "Boosting taxes for boasting about houses: Status concerns in the housing market," ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 05/2017, Vienna University of Technology, Institute for Mathematical Methods in Economics, Research Group Economics (ECON).
    10. John Goering & Christine M. E. Whitehead, 2017. "Fiscal Austerity and Rental Housing Policy in the United States and United Kingdom, 2010–2016," Housing Policy Debate, Taylor & Francis Journals, vol. 27(6), pages 875-896, November.
    11. Yang, Xi, 2019. "The effects of home ownership on post-unemployment wages," Regional Science and Urban Economics, Elsevier, vol. 74(C), pages 1-17.
    12. Raj Chetty & Nathaniel Hendren & Lawrence F. Katz, 2016. "The Effects of Exposure to Better Neighborhoods on Children: New Evidence from the Moving to Opportunity Experiment," American Economic Review, American Economic Association, vol. 106(4), pages 855-902, April.
    13. Valerii O. Omelchuk, 2018. "Effectiveness of the Housing Policy: A Comparative Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 383-392.
    14. Eerola, Essi & Saarimaa, Tuukka, 2018. "Delivering affordable housing and neighborhood quality: A comparison of place- and tenant-based programs," Journal of Housing Economics, Elsevier, vol. 42(C), pages 44-54.
    15. Ellen, Ingrid Gould & Suher, Michael & Torrats-Espinosa, Gerard, 2019. "Neighbors and networks: The role of social interactions on the residential choices of housing choice voucher holders," Journal of Housing Economics, Elsevier, vol. 43(C), pages 56-71.

    More about this item

    JEL classification:

    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • R28 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Government Policy

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