Impact of the Low-Income Housing Tax Credit (LIHTC) on Local Schools

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By Wenhua Di (au); James C. Murdoch (au)
Year: 2010
Pages: 40
Binding Paperback
ISBN 978-1-4578-2741-9

Product Code: 1457827417

Description

The low-income housing tax credit (LIHTC) program has developed over two million rental homes for low-income households since 1986. The perception of deterioration in school quality has been a main reason for community opposition to LIHTC projects in middle-and upper-income areas. In this paper, the authors examine the impact of LIHTC projects on the nearby school performance. The LIHTC projects tend to have positive and statistically significant impacts on school performance the year they are placed in service and this finding is robust to various specifications. Offsetting these, the one year lag effects are negative and of similar or smaller magnitude. Charts and tables. This is a print on demand report.

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