Arrangements in which LIHTC tenants share in the development’s financial benefits, or become partial or full owners, are rare—but some properties have pulled them off. This scan of several examples shows the possibilities—and the conditions needed for them to succeed.
In 2018, Shelterforce wrote about the Center for Community Progress's recommendations for tax reform in West Virginia to address vacancy. Guided by CCP's suggestions, the state auditor’s office has recently passed two laws to change its tax sales process and keep properties in use.
Social historian John Boughton explains how the U.K.’s social housing system changed millions of low- and middle-income people’s lives—and how privatization has crippled its power.
Rising property values come with positive community development, but this shift can make neighborhoods inaccessible to low-income renters and fixed-income homeowners.
The danger of unwelcoming neighbors should not be underestimated.
While a lot of attention has been paid to emergency rental assistance, foreclosure relief funds are also being distributed at the state level—and are also having mixed results getting to those who need them.
As COVID relief funds have flowed out across the country, state and local governments have so far allotted at least $13.8 billion of their discretionary dollars to housing efforts.
Authors from Shelterforce’s recent series about the racial wealth gap and other experts talk wealth building, wealth extraction, and the tools available to help close the gap.
Programs that help households of color buy homes haven't made much of a dent in the racial wealth gap. But some strategies could generate better outcomes for buyers.
This set of federal tax policy recommendations could support first-time homebuyers, enable renters and owners to save money, and help close the wealth gap.
Despite the hopes pinned on it, homeownership is currently too affected by racism at every turn to be an equalizer.
Property tax relief programs can be essential for helping older and lower-income homeowners keep their homes. But access to them isn’t universal, or equitable.
Homes owned by people of color are appraised for less than identical homes owned by white families. Nationwide, that’s led to more than $150 billion in lost equity. How can we stop appraisal bias?
A lot of conversations about the racial wealth gap focuses too much on homeownership as the only solution. It's much more complex. Shelterforce's Miriam Axel-Lute talks with Anne Price, president of the Insight Center for Community Economic Development.
We’ve been carrying out asset-building strategies for decades now, but the wealth gap has not shrunk. What needs to be done about it?