Neighbourhood Valuation Effects from New Construction of Low-income Housing Tax Credit Projects in Iowa: A Natural Experiment

Funderburg, Richard; MacDonald, Heather

doi:10.1177/0042098009356122

Cited by 42 publications

(19 citation statements)

References 32 publications

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“…In a number of cases, the provision of low-income housing in certain areas face oppositions due to the "Not in My Backyard" belief of surrounding neighbors [46] which is widely cited as a barrier for the success of such housing programs [47,48]. This gives rise to social segregation and spatial mismatch.…”

Section: Discussionmentioning

confidence: 99%

A National Study on Transportation Affordability of HUD Housing Assistance Programs

Jahan

Hamidi

2019

Sustainability

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This national study is an effort to measure transportation costs and affordability for the major Housing and Urban Development (HUD) housing assistance programs since the transportation costs are the second largest expense of American households. This study estimates transportation costs for 76,000 address level properties from seven major HUD-designated affordable housing programs. Our transportation cost models are tailored for low-income households and account for built environmental determinants of travel, known as D variables, at the disaggregated level. We found that more than 44% of these properties in 326 U.S. metropolitan areas are unaffordable in terms of transportation costs. That could result in a waste of over $37.9 billion HUD spends annually to run these programs and subsidize housing for low-income families while some of these families spend substantial amount of their income on transportation. Our findings suggest that the provision of subsidized housing in mixed use, and transit-served neighborhoods would help low-income households to reduce their transportation costs even in auto-oriented sprawling regions. This study concludes with policy recommendations to local and federal governments and transit agencies on ways to incorporate transportation parameters to ensure true affordability for low-income residents of subsidized housing.

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Section: Discussionmentioning

confidence: 99%

A National Study on Transportation Affordability of HUD Housing Assistance Programs

Jahan

Hamidi

2019

Sustainability

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“…The perception of character defects on the part of tenants may lower the status of the neighborhood, and hence the pride in which people view their neighborhoods. Ellen et al (2007) and Funderberg and MacDonald (2010) provide some indirect support for this view. Both studies find that subsidized housing for seniors has a more positive initial effect on nearby property values than does subsidized housing for low-income people.…”

Section: Neighborhood Transitionmentioning

confidence: 94%

Low-Income Housing Tax Credit Developments and Neighborhood Property Conditions

Edmiston

2018

SSRN Journal

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Public housing has long been a contentious issue for cities and regions. On one hand, there is an acute need for affordable housing in low-and moderate-income communities. But the massing of public or otherwise subsidized housing in disadvantaged neighborhoods has given rise to concerns that "public housing" has led to decay in these communities. The purpose of this paper is to use analytical tools to evaluate the "conventional wisdom" that lower-income housing developments lead to decay the lower-income communities in which they generally are placed. I use a highly unique dataset on property conditions for tens of thousands of individual land parcels and an approach for estimating count data models based on the Conway-Maxwell-Poisson (CMP) distribution. The CMP is useful for estimating models with underdispersed data, which is uncommon. Results suggest that while large rehab developments tend to enhance property conditions nearby, the effects of other types of developments generally are negative.

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“…Most of the time, however, the LIHTC housing has, at most, a small positive impact on property values beyond the footprint of the LIHTC development [Baum-Snow & Marion, 2009;Funderburg & MacDonald, 2010]. .…”

Section: Others Conclude the Converse (Baum-snow And Marion 2009)mentioning

confidence: 99%