Low-Income Housing Policy

75 Pages Posted: 6 Apr 2015

See all articles by Robert Collinson

Robert Collinson

New York University (NYU) - Robert F. Wagner Graduate School of Public Service,

Ingrid Gould Ellen

New York University (NYU) - Robert F. Wagner Graduate School of Public Service

Jens Ludwig

University of Chicago; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: April 2015

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.

Suggested Citation

Collinson, Robert and Ellen, Ingrid Gould and Ludwig, Jens, Low-Income Housing Policy (April 2015). NBER Working Paper No. w21071. Available at SSRN: https://ssrn.com/abstract=2590237

Robert Collinson (Contact Author)

New York University (NYU) - Robert F. Wagner Graduate School of Public Service, ( email )

NY
United States

Ingrid Gould Ellen

New York University (NYU) - Robert F. Wagner Graduate School of Public Service ( email )

The Puck Building
295 Lafayette Street, Second Floor
New York, NY 10012
United States

Jens Ludwig

University of Chicago ( email )

1101 East 58th Street
Chicago, IL 60637
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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