In 1993 the Clinton Administration and Congress made the low-income housing tax credit permanent.
Some housing advocates say the decline in low-income housing in Galveston has reduced the city's African-American population.
Its goal: Bring corporations together with government to work on philanthropic projects like youth employment and low-income housing.
By the mid-1980s, riding the Reagan wave, the pair began lobbying Washington for a tax credit for low-income housing.
Stay away from bonds issued by nonprofit organizations like museums and universities or bonds issued by low-income housing projects.
First, it addressed the elimination of direct federal subsidies for low-income housing development.
FORBES: For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship
You see the stepping up of gouging of communities on the taxpayer dime, people kicked out of low-income housing, etc.
Born in Argentina to Cuban parents, Perez started out as an urban planner and then moved into low-income housing development.
Nicknamed the "Donald Trump of the Tropics" in the Miami press, Perez started his career as a developer in low-income housing.
From a public policy perspective, the plan is at odds with Congress' recent moves to bolster the low-income housing tax credit program.
Low-income housing advocates are horrified, viewing the mass trailer parks as an expensive way to create refugee camps and to concentrate poverty.
China, heavily investing in costruction of low-income housing, alone represents 32.6%.
FORBES: Thanks to China, Brazil's VALE reports record-breaking Q2 profits. $3 bn dividends offered.
Transferable federal tax credits are aimed mostly at real estate developers, who are rewarded for preserving historical landmarks and building low-income housing.
With the LIHTC, the government would create incentives for powerful alliances of banks, nonprofit organizations and corporate investors to build low-income housing.
FORBES: For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship
Congress drastically reduced the amount of money it appropriated for low-income housing in the 1990s, and has only recently begun to increase it.
The subsidy usually cited here is the one for low-income housing.
Meanwhile, congressional efforts to encourage wealthy individuals to purchase low-income housing through the passive-loss provision had proven problematic as investors allowed their properties to decline to capture a greater tax write-off.
FORBES: For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship
Proponents of the agreements say they're an effective way for local groups to extract concessions and assurances from developers typically, in the form of hiring quotas, charitable donations and low-income housing subsidies.
The two most expensive city blocks were in north Camden, one that had a large nursing home called Abigail House and one that had a low-income housing tower called Northgate II.
Even as he targets international trade through the guaranteed-loan program of the U.S. Export-Import Bank, he is watching the home front--literally, with mortgages for developers who build low-income housing in southern California.
This capital was then used to leverage resources from banks and private developers, many of which were in partnership with nonprofit development organizations known as community development corporations, to build low-income housing.
FORBES: For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship
The plan was first approved by the City Council in 2008, after a hard-fought process in which the city committed to doing large amounts of low-income housing and made costly deals with landowners.
Several leftish academics have advocated an updated version of the 1930s Works Progress Administration in which the jobless could be put to socially useful work, such as building low-income housing or providing childcare.
Their advice is that the White House should have let the delays mount until Congress also agreed to turn off the entire sequester for low-income housing grants, Meals on Wheels and everything else.
In the Saint Paul case, landlords argue the city stepped up enforcement of its housing codes, beyond the standards for federally subsidized housing, and that raised costs and lowered the availability of low-income housing.
FORBES: Supreme Court Takes Case Where Landlords Claim Discrimination
Demanding that Fannie and Freddie do more to increase home ownership among poor people allowed Congress and the White House to subsidize low-income housing outside of the budget, at least in the short run.
For political reasons FOVI supports only low-income housing.
Nonprofit, low-income housing developers and for-profit developers like AvalonBay Communities (nyse: AVB - news - people ), who use the credits to develop mixed-income rental projects in high-income areas, stand to lose too.
Economists have long been urging Beijing to compel state companies to hand over more of their profits to the central government as a way to help pay for increased spending on pensions, health care, low-income housing and education.
Congress had seen its earlier efforts to incentivize the investment of corporate resources in the development of low-income housing, including the Community Reinvestment Act of 1977 (CRA) and the passive-loss provision in the Economic Recovery Act of 1981, fail.
FORBES: For the 21st Century, a Network of Beneficial Philanthropy and Corporate Citizenship
应用推荐