The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit
Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2011.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2012
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| Online Access: | http://hdl.handle.net/1721.1/68195 |
| _version_ | 1826209010947194880 |
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| author | Magliozzi, Alex (Alex T.) |
| author2 | James Buckley. |
| author_facet | James Buckley. Magliozzi, Alex (Alex T.) |
| author_sort | Magliozzi, Alex (Alex T.) |
| collection | MIT |
| description | Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2011. |
| first_indexed | 2024-09-23T14:16:17Z |
| format | Thesis |
| id | mit-1721.1/68195 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T14:16:17Z |
| publishDate | 2012 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/681952019-04-11T10:53:03Z The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit Adapting the Low-Income Housing Tax Credit to finance affordable housing near transit Magliozzi, Alex (Alex T.) James Buckley. Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. Urban Studies and Planning. Center for Real Estate. Program in Real Estate Development. Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2011. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Cataloged from student-submitted PDF version of thesis. Includes bibliographical references (p. 68-72). The Low-Income Housing Tax Credit is arguably the most successful and important program in American history for the creation of affordable housing. The program leverages private investment in affordable housing, through tradable tax credits, to produce quality affordable housing throughout the country. By providing additional money for projects in areas with especially low incomes and high development costs, the program has actively encouraged the creation of affordable housing in certain cities, towns and neighborhoods. At the federal level, the program has not, however, encouraged the development of housing near transit. Since 2008, when states were given the option to provide additional money for certain projects, five states began programs to provide additional money to projects near transit. This thesis examines the possibility of providing additional money to projects near transit at the federal level, in the form of a transit -- oriented basis boost. It starts with a brief introduction to the Low-Income Housing Tax Credit, followed by a discussion of the importance of housing near transit. It then examines what various states are doing to encourage affordable housing near transit, followed by a proposal for a federal basis boost program. The thesis culminates in a case study, showing how providing additional money to projects near transit might affect the economics of developing affordable housing near transit. by Alex Magliozzi. S.M.in Real Estate Development M.C.P. 2012-01-11T20:18:21Z 2012-01-11T20:18:21Z 2011 2011 Thesis http://hdl.handle.net/1721.1/68195 770711749 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 72 p. application/pdf Massachusetts Institute of Technology |
| spellingShingle | Urban Studies and Planning. Center for Real Estate. Program in Real Estate Development. Magliozzi, Alex (Alex T.) The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title | The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title_full | The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title_fullStr | The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title_full_unstemmed | The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title_short | The transit oriented basis boost : adapting the LIHTC to finance affordable housing near transit |
| title_sort | transit oriented basis boost adapting the lihtc to finance affordable housing near transit |
| topic | Urban Studies and Planning. Center for Real Estate. Program in Real Estate Development. |
| url | http://hdl.handle.net/1721.1/68195 |
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