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On “The Only Tool in the Box: What It Means That LIHTC Dominates Affordable Housing”
Danielle Arigoni: Super important piece here about the blessing and the curse of LIHTC as the dominant form of public investment in #affordablehousing. Includes insights from National Housing Trust’s own Priya Jayachandran and lots of our industry colleagues. Props to Shelterforce for tackling a complex and really critical issue. . . Via LinkedIn
Donna Smith: Really interesting piece. One of the things it mentions is how LIHTC, though a good tool for affordable rental housing, is ONLY a tool for rental housing. It is not an effective tool for homeownership or for the asset building and intergenerational wealth-building that homeownership creates. . . Via LinkedIn
Easement: Always follow the money. Low Income Housing Tax Credits (LIHTC) are practically the only game in town for developers to create new affordable housing units. This deep dive by Shelterforce (Miriam Axel-Lute) is worth reading. . . Via LinkedIn
Daniel N. Hoffman: In many ways worse than described. What the LIHTC did was created a nonprofit community that rather than being advocates for communities, they became transactionalists. Their partners weren’t folks who needed empowering, but those who already had power—the bankers and others who bought tax credits. . . Read More
On “Low-Income Residents of Inclusionary Housing Report Facing More Bias”
Nathan McBurnett: Affordable housing production is just one component in the larger goal of achieving housing equity. Even after securing a unit, residents of affordable housing face a mountain of discrimination from neighbors, building staff, and property managers. . . Via LinkedIn
Lisa Wise: Interesting read, especially in light of HUD’s direction away from traditional public housing in favor of project-based vouchers and inclusionary mixed-income housing. . . Via LinkedIn
Elizabeth Haney: It’s remarkable that NIMC and the Housing Rights Initiative both found major issues of discrimination in Massachusetts coming from landlords, property managers and building staff recently, with NIMC also finding discrimination from other residents. . . Via LinkedIn
On “Running Rampant: How Short-term Rentals Affect Communities With Loose Restrictions”
HouseATL: Georgia House Bill 1121 would restrict local governments from using their authority to regulate short term rentals, despite Georgia’s status as a home rule state where land use is a local government responsibility. . . Via LinkedIn
Omar Masry, AICP: At a minimum they should require a full time caretaker ADU unit on site. Via LinkedIn
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