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Income-based housing benefit: Difference between revisions
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"Moreover, the EITC is an invisible subsidy. Just as it works now, landlords would not know whether would-be renters are receiving any EITC benefits, including the housing supplement. It could thus have the effect of reducing discrimination against low-income households with subsidies."
== <br/> Local housing vouchers ==
Chicago Trust Fund (1989-)
"Chicago started a trust fund in 1989 that now subsidizes the rent of 2,800 households, by bridging the gap between the rent of the housing unit and 30 percent of the family’s income. To be eligible for the program, a family of four must make $24,250 a year or less.." -Waldroupe. <br/>
=== Washington, D.C. Local Rent Supplement Program (2007-) ===
Washington, D.C., started its Local Rent Supplement Program in 2007, which now subsidizes the rent of 1,718 households that make less than 30 percent of median income. The district’s Housing Production Trust Fund pays for the program with deed record and transfer taxes it collects. <br/>
=== New York City rent subsidies ===
New York City has a similar program that provides rent subsidies for qualifying people who live in homeless and domestic violence shelters. <br/>
=== Portland, Oregon pilot (2017) ===
"In November 2015, Northwest Pilot Project, the Urban League of Portland and Home Forward, the region’s federal housing agency, launched the first pilot project to test the effectiveness of a locally funded voucher program with funding from the Meyer Memorial Trust.
"Home Forward supplied 60 of its housing choice vouchers for the program, something the housing agency is able to do because the federal government allows Home Forward to use some of its vouchers for innovative programs.
"The project targeted seniors on fixed incomes, who were facing rent increases they could not afford and who would likely be forced to move. The project was designed to test whether a voucher could prevent those seniors from being displaced from inner North and Northeast Portland neighborhoods, where many of them had lived for many years."
"The voucher pilot program is the brainchild of Bobby Weinstock, a housing advocate with Northwest Pilot Project. So strong is his advocacy for vouchers that Multnomah County Chair Deborah Kafoury jokingly refers to the pilot project as 'the Bobby Weinstock voucher.'"
"Elisa Harrigan, Meyer Memorial Trust’s Affordable Housing Initiative program officer, said the pilot program is one of the most successful affordable housing initiatives that the Trust has funded."
"Weinstock estimates it would cost $6 million to fund 1,000 vouchers. 'Taking local voucher programs to scale is a significant financial challenge,' Jolin said. "
- [Waldroupe 2017].
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*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. <br/>
*Waldroupe, Amandda. "[http://news.streetroots.org/2017/06/23/pilot-project-portland-test-locally-funded-housing-vouchers Pilot project in Portland to test locally funded housing vouchers]." ''Street Roots,'' 23 Jun 2017.<br/> [http://news.streetroots.org/2017/06/23/pilot-project-portland-test-locally-funded-housing-vouchers http://news.streetroots.org/2017/06/23/pilot-project-portland-test-locally-funded-housing-vouchers].
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