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Abstract

This pair of cases, developed in cooperation with the Joint Center for Housing Studies are designed to help students master the theory and practice of the Low-Income Housing Tax Credit, an important new phase of federal housing policy developed as part of the Tax Reform Act of 1986. Specifically, they pose the problems faced by two different non-profit housing development groups as they seek to take advantage of the tax credit by developing relationships between the private financial market. Their goal: construction of new, low-income rental housing complexes. These cases will allow for discussion of the specific "financials" of low- income housing, as well as discussion of the efficacy of the concepts underlying the housing credit.

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Abstract

This pair of cases, developed in cooperation with the Joint Center for Housing Studies are designed to help students master the theory and practice of the Low-Income Housing Tax Credit, an important new phase of federal housing policy developed as part of the Tax Reform Act of 1986. Specifically, they pose the problems faced by two different non-profit housing development groups as they seek to take advantage of the tax credit by developing relationships between the private financial market. Their goal: construction of new, low-income rental housing complexes. These cases will allow for discussion of the specific "financials" of low- income housing, as well as discussion of the efficacy of the concepts underlying the housing credit.

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