Tax Policy As Housing Policy

7 November 2003 - 11:00am

The Earned Income Tax Credit could improve housing affordability more effectively than federal housing programs.

The Earned Income Tax Credit could provide a better tool for improving housing affordability than underfunded federal housing programs, according to a new research brief by Michael Stegman, Walter Davis, and Roberto Quercia. Examining two proposals for expanding the EITC, the authors find that these strategies could reduce housing cost burdens and eliminate poverty among hundreds of thousands of workers and families.

Source: The Brookings Institution, October 14, 2005
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This is in fact the kind of self-sufficient, self-sustaining 'village' community that Mahatma Gandhi -- the Father of the Nation -- dreamt of and wrote about in his books on India’s path to development.