- Whether supply side housing assistance program is efficient in helping overcome spatial mismatch  590 kb |
by Xu, Chen | ppsharon0823@126.com  |
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| Short Outline |
| The hypothesis for this study is that the LIHTC program is more effective than rental housing in overcoming spatial mismatch, since the LIHTC program not only gives its recipients freedom to choose where to live and also makes it easier to approach low income jobs. |
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| Abstract |
| When low-income jobs move outside of the city and low-skill workers still stay in the center of the city, there is a spatial mismatch. The Spatial Mismatch Hypothesis is testing whether the low-skilled workers have access to low-income jobs as urbanization takes place. It has been tested for different dimensions for 40 years, and the U.S. government has used some policies to eliminate the separation of low-income jobs and housing. Although no housing policy was specifically aimed at eliminating the spatial mismatch, it is possible that the Low-Income Housing Tax Credit Program (LIHTC) has had some positive effect on the issue. The program gives credit to developers with the aim of providing affordable housing. This thesis is testing the effectiveness of the program in overcoming spatial mismatch, and comparing one supply side housing program - LIHTC program - with demand side housing program - rental housing. This paper aims to give suggestions and assessments on whether the LIHTC program is efficient than rental housing and whether it is worth working on with the goal of eliminating the spatial mismatch. The hypothesis for this study is that the LIHTC program is more effective than rental housing in overcoming spatial mismatch, since the LIHTC program not only gives its recipients freedom to choose where to live and also makes it easier to approach low income jobs. The LIHTC is the only housing program with nearly100 percent occupancy, and is also the second largest supply side housing program among all HUD housing programs. |
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| Keywords |
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| Case Study presented on the ISOCARP Congress 2013: Frontiers of Planning - Evolving and declining models of city planning practice |
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