Downpayment assistance has, of late, received an increasing amount of attention among US policymakers. President Biden proposed a nationwide downpayment tax credit during his…
In this paper, Benjamin Ward makes a set of recommendations intended to help policymakers design a scalable nation-wide downpayment assistance program in the United States.…
While gentrification raises fears of displacement, it also offers some hope because the growth in higher-income households in previously poor areas can help to shore up city…
Raphael Bostic, Kathleen Engel, Patricia McCoy, Anthony Pennington-Cross, Susan Wachter
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February 1, 2008
UCC08-9: The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit, has grown tremendously over the past ten years. Between…
RR07-3: At a congressional hearing in 1948, representative A.S. Mike Monroney argued that the construction of new, subsidized rental housing improves the surrounding…
Ingrid Gould Ellen, Scott Susin, Amy Ellen Schwartz, Michael Schill
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October 13, 2001
In this paper, we look at the impact of two New York City homeownership programs on surrounding property values. Both of these programs—the Nehemiah Plan and the New Homes…
