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The Critical Role of TIF, LIHTC, and City Grants

  • Jaime P. Luque
  • Nuriddin Ikromov
  • William B. Noseworthy
Chapter

Abstract

This chapter introduces Tax Incremental Financing (TIF) and Low-Income Housing Tax Credits (LIHTC) in a financial feasibility model with heterogenous locations. We show that both TIF and LIHTC effectively allow landlords to charge lower rents and make housing more affordable.

References

  1. Joint Center for Housing Studies of Harvard University (2017) The State of the Nation’s Housing: Harvard UniversityGoogle Scholar
  2. Luque J (2018) Assessing the role of TIF and LIHTC in an equilibrium model of affordable housing development. Reg Sci Urban Econ. Available online at  https://doi.org/10.1016/j.regsciurbeco.2018.06.005. Accessed 6 July 2018

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Jaime P. Luque
    • 1
  • Nuriddin Ikromov
    • 2
  • William B. Noseworthy
    • 3
  1. 1.ESCP EuropeMadridSpain
  2. 2.California State UniversitySacramentoUSA
  3. 3.McNeese State UniversityLake CharlesUSA

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