EITC: A New Approach To Affordable Housing

27 June 2003 - 1:00pm

The Earned Income Tax Credit may be a better tool for providing affordable housing than federal housing supports.

The Earned Income Tax Credit may be a better tool for providing affordable housing than underfunded and underutilized federal housing supports, according to a new discussion paper. Examining three proposals, the paper finds that using the EITC to improve housing affordability would reduce housing cost burdens for thousands of households and also help achieve other policy goals for the working poor.

Source: The Brookings Institution, June 27, 2003
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