Is Low Income Housing Tax Credit a Good Tool for Neighborhood Integration and Community Revitalization?
Lan Deng, Taubman College of Architecture and Urban Planning, University of Michigan
A CLOSUP Major Projects Program (FY 2007) award.
This project studies neighborhood impacts generated by the Low Income Housing Tax Credit (LIHTC) program in four case-study metropolitan areas, representing a variation in the strength of metropolitan economy and a variation in LIHTC program administration. Central research questions include: Have LIHTC developments adversely affected nearby single-family property values when used to bring low-income families to quality neighborhoods? Have LIHTC developments contributed to neighborhood revitalization when used as a community development tool? This research is intended to help inform policymakers and housing practitioners of ways to improve LIHTC administration and produce the type of development that will generate positive neighborhood outcomes.