On one hand, the horror1 and glory2 of social housing success. On the other, US Public Private Partnerships of now-you-see-it, now-you-don’t LIHTC 3 combined with Section 8 Housing Vouchers, to build temporarily affordable housing.
Are there alternatives between the dated tsunami of government-built public housing, long reviled in North America, and the paucity of low and no income housing units from LIHTC and Vouchers?
Yes. There are alternatives.
A warning: these alternatives are complex, time consuming enterprises often involving multiple funders who must be wooed and won. Never mind building to combat climate change. Nonetheless, these alternatives do promise delivery of more significant quantities of housing for those with low or no income.4
Collected between the twin poles of low/no income housing success and failure, these alternatives are the pigs in the middle.
We will leave it to the Brookings Institute to put lipstick on these pigs. Read more: Strategies For Increasing Affordable Housing Amid The Covid-19 Economic Crisis
- Try: America Has A Bogeymen Under The Bed: Social Housing. Austria Sure Doesn’t!
- Try: Project Towers Reboot: Let’s Dump The Bad Attitude
- Low Income Housing Tax Credits
- This earlier post also discusses this subject: Financing Social Housing