Income-based housing benefit: Difference between revisions
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An '''income |
An '''income-based housing benefit''' is a government program which provides some type of financial or tax support for housing use to individuals who qualify on the basis of low income. By contrast, other major housing programs in the United States provide benefits to homeowners, typically regardless of income (e.g. mortgage interest deduction), or help fund development of housing (e.g. Low Income Housing Tax Credit, or help fund housing-related service providers (e.g. homelessness programs). |
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''(note: this term was coined by YIMBYwiki, for apparent lack of a suitable existing one. '' |
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''but actually the category it defines is a big, big deal, as it describes the major new direction that many people believe US housing policy needs to shift, ). '' |
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