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  • Renters’ Tax Credit Would Promote Equity and Advance Balanced Housing Policy
    Barbara Sard and Will Fischer
    Revised August 21, 2013

    Related files Report without appendices (32pp.) Appendix 1: Comparison of Capped and Uncapped Credits (4pp.) Appendix 2: Method Used to Estimate Cost and Impact of a Renters’ Credit (3pp.) Appendix 3: State Tables (9pp.) One-Page Fact Sheet Over the past several decades, the nation’s housing policy has focused predominantly on increasing homeownership.  Most federal housing expenditures now benefit families with relatively little need for …
  • Mortgage Interest Deduction Is Ripe for Reform
    Will Fischer and Chye-Ching Huang
    Revised June 25, 2013

    Costing at least $70 billion a year, the mortgage interest deduction is one of the largest federal tax expenditures, but it appears to do little to achieve the goal of expanding homeownership.  The main reason is that the bulk of its benefits go to higher-income households who generally could afford a home without assistance:  in …
  • Testimony of Robert Greenstein, President, Before Senate Budget Committee
    Robert Greenstein
    February 13, 2013

    I appreciate the invitation to testify today on the impact of federal budget decisions on families and communities.  This is an important matter.  As you know, the nation will have to make tough decisions to put the budget on a more sustainable fiscal course.  The issue is not only whether policymakers act to secure adequate …
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