Federal Policy

The role of ‘heirs property’ in eroding Black families’ wealth

Three years after our initial story, aggressive investors are still suing LIHTC general partners to profit off of what should be affordable housing. But one legal decision, along with proposed legislation, could help protect the right of first refusal.

The Low-Income Housing Tax Credit is famously complex. We can’t exactly make it simple, but we’ve broken down the basics, especially those that residents of a LIHTC property might want to know, as clearly as possible.

Housing and policy experts agree that LIHTC has successfully increased the supply of affordable housing. But they also believe there’s room for improvement.

Underinvested communities are at a disadvantage when it comes to attracting and deploying funding. The Center for Community Investment is helping to change that.

“We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable.”

Strict zoning policies keep housing unaffordable. But there are strategies governments can implement to change exclusionary housing policies and promote the construction of more affordable housing.

If high home prices and rents are hallmarks of inequality, the actions of the Federal Reserve should give us pause. Its policy interventions have had profound effects on housing prices.

Dorothy A. Brown’s The Whiteness of Wealth breaks down the deleterious effect our tax code has had on Black lives. Crown, 2021, 288 pp., $27 (hardcover); $17 (softcover).

Nonprofits struggle to understand how to respond to the ban on “divisive concepts” in their training and protect their federal funding.

some communities in the United States seem much better than others at attracting grants and financing for community development—even after adjusting for their relative needs. Here are some of the surprising trends:

If it seems like we’re approaching a domestic policy pivot point, it might be because we are. Since Nov. 9, we’ve been thinking about the near- and long-term implications of […]