Reports by Barbara Sard
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Reforming HUD’s “Section 3” Requirements Can Leverage Federal Investments in Housing to Expand Economic Opportunity
June 10, 2009
Executive Summary This is an important time to reform “Section 3,” the federal requirement that low-income individuals receive a portion of the economic benefits created through federal investments in affordable housing. Not only is rising unemployment creating added hardship, but federal recovery funds are … -
Decade of Neglect Has Weakened Federal Low-Income Housing Programs
February 25, 2009
A large and growing number of low-income renters face unaffordable housing costs. Federal housing programs have proven effective in enabling millions of low-income households to obtain stable, decent housing, but a funding squeeze and various actions taken by Congress and the Bush Administration have weakened these programs considerably, just when the need is rising.… -
Costly Isakson Homebuyer Tax Credit Amendment Would Be Ineffective Stimulus
February 9, 2009
An amendment by Senator Isakson that the Senate added to its economic recovery legislation, providing a new $15,000 tax credit for home purchases in the 12 months after enactment,[1] has low bang for the buck as stimulus and is thus a dubious addition to the package. Unlike the $7,500 first-time homebuyer credit that Congress adopted as part of the Housing and Economic Recovery Act in July 2008 — which the new tax credit … -
Number of Homeless Families Climbing Due To Recession
January 8, 2009
Executive Summary New data indicate that the number of homeless families with children has climbed in recent months and continues to mount. Although the recovery package that Congress will consider in coming weeks is expected to include measures to restore several million jobs, an unusually large number of people are still likely to fall into severe poverty and to be at risk …
