This post reviews identifies smaller housing tax credits and identifies other housing related tax expenditures.
Economy
casinos, consumer issues, convention center, development strategy, housing, industry regulation, inequality, intellectual property, net neutrality, non-competition agreements, olympics, poverty and assistance, turnpike air rights development, work
State Low Income Housing Credit
As an investment in affordable housing production, the state’s low income housing tax credit (“LIHTC”) is now larger than our recently expanded bond funded capital program.
Subsidized Housing Inventory
The subsidized housing inventory is an important legal construct but it has limitations that make it hard to use for policy analysis.
Capital Plans for Housing
This post offers no analysis, but merely assembles for reference a history of the state’s housing capital plan, related bond authorizations and actual spending.
Housing production target
The state’s Executive Office of Housing and Livable Communities has set a statewide housing production target of 200,000 housing units in the current decade (2020 through 2030). This goal appears to be reasonable from a demand perspective.
Zoning changes in the AHA
The Affordable Homes Act includes several provisions that reduce zoning barriers to housing development. These provisions can only help to produce housing, but it is impossible to confidently predict in advance how much they will help.