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Income-based housing benefit: Difference between revisions
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== EITC (Earned-Income Tax Credit) Housing Supplement ==
=== [Dolbeare 2001] ===
=== [Dolbeare 2001]<br/> <br/> "discussions of the voucher program often tend to be negative. Unless the NLIHC findings are badly off base, it is unlikely that such discussions will generate the scale of support that is needed to make a meaningful dent in the housing affordability problem." ===▼
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"There are now, however, three mainstream Federal programs that could be adapted to meet the scale of the housing affordability problem: the Earned Income Tax Credit (EITC) for working families, Supplementary Security Income (SSI) for elderly or disabled households, and the food stamp program. Moreover, none of these programs is limited to renter households, as is the current HUD voucher program. One-half of all households with severe problems are owners, and they are predominantly low-income owners. Therefore, it would make sense to explore how these programs might be expanded and adapted to address at least severe housing affordability problems at their true scale. Such an approach should, in my view, be explored as a supplement to, not a replacement for, HUD’s current programs, including vouchers."
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"It could be worth exploring how a housing add-on to the EITC could be designed initially to address the affordability problems of most working families. For example, such an add-on could cover one-half of housing costs in excess of 30 percent of income, capped at the relevant payment standard or FMR in the jurisdiction. Such a program, if fully implemented, could assist a substantial portion of the 12.7 million cost-burdened families who receive at least one-half of their income from work. In 1999 there were 11.3 million cost-burdened working households with incomes below 120 percent of area median and the total gap between 30 percent of their incomes and their housing costs (or the relevant FMR, whichever is lower) amounted to more than $19 billion annually."
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=== [Stegman et al, Brookings Institute 2013] ===
"The authors’ proposal to expand the EITC would relieve 510,000 families of severe housing-cost burdens. Configuring EITC parameters to help renters afford typically priced units in most major metropolitan markets would assist working families with children most significantly."
=== <br/> [Dreier 2016]: ===
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*Galante, Carol, Carolina K. Reid, and Nathaniel Decker. [http://ternercenter.berkeley.edu/fair-tax-credit "The Fair Tax Credit: A Proposal For a Federal Assistance in Rental Credit to Support Low-Income Renters."] Terner Center for Housing Innovation, November 2016. [http://ternercenter.berkeley.edu/fair-tax-credit. http://ternercenter.berkeley.edu/fair-tax-credit. ]<br/>
*Lubell, Jeffrey (2014). "[http://www.abtassociates.com/AbtAssociates/files/ce/ce7c306c-3cce-4dda-96c8-6098abe8a5ac.pdf Housing More People More Effectively through a Dynamic Housing Policy."] Bipartisan Policy Center, 17 December 2014. <br/> [http://www.abtassociates.com/AbtAssociates/files/ce/ce7c306c-3cce-4dda-96c8-6098abe8a5ac.pdf http://www.abtassociates.com/AbtAssociates/files/ce/ce7c306c-3cce-4dda-96c8-6098abe8a5ac.pdf].<br/>
*Sard, Barbara, and Will Fischer. "[https://www.cbpp.org/research/housing/renters-tax-credit-would-promote-equity-and-advance-balanced-housing-policy Renters’ Tax Credit Would Promote Equity and Advance Balanced Housing Policy]." Center for Budget and Policy Priorities, 21 August 2013. <br/> [https://www.cbpp.org/research/housing/renters-tax-credit-would-promote-equity-and-advance-balanced-housing-policy. https://www.cbpp.org/research/housing/renters-tax-credit-would-promote-equity-and-advance-balanced-housing-policy. ]<br/>
*Stegman, Michael, Roberto Quercia, and Walter Davis. "T[https://www.brookings.edu/research/tax-policy-as-housing-policy-the-eitcs-potential-to-make-housing-more-affordable-for-working-families/ ax Policy as Housing Policy: The EITC’s Potential to Make Housing More Affordable for Working Families]." Brookings Institute, October 1 2003.
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