Identifying affordable quality housing components for developing a smart growth model
Smart growth development entails retracting the city, hence attempting to house low-income residents at new affordable housing facilities within a metropolitan area. This paper introduces the Low Income Housing Tax Credit (LIHTC) as an alternative funding source for developing affordable housing...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Design & Architecture, Universiti Putra Malaysia
2007
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2446/1/6-Bardia.pdf |
| _version_ | 1825921457191911424 |
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| author | Bakhtiar, Bardia Ibrahim, Rahinah |
| author_facet | Bakhtiar, Bardia Ibrahim, Rahinah |
| author_sort | Bakhtiar, Bardia |
| collection | UPM |
| description | Smart growth development entails retracting the city, hence attempting to
house low-income residents at new affordable housing facilities within a
metropolitan area. This paper introduces the Low Income Housing Tax Credit
(LIHTC) as an alternative funding source for developing affordable housing
projects. This paper presents affordable housing and smart growth elements
from two selected tax credit programs in the United States. It compares these
elements with the Malaysian commitments in Agenda 21 and recommends
the Malaysian Point System that supports both affordable housing and smart
growth requirements. It presents nine affordable housing and eleven smart
growth elements that the proposed Malaysian LIHTC supports. The model
includes four additional elements that Malaysia has committed to fulfill its
Agenda 21. The proposed model can become an alternative solution for
housing developers in Malaysia who cannot rely on government subsidies to
develop affordable quality housing for the growing nation. |
| first_indexed | 2024-03-06T06:58:12Z |
| format | Article |
| id | upm.eprints-2446 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T06:58:12Z |
| publishDate | 2007 |
| publisher | Faculty of Design & Architecture, Universiti Putra Malaysia |
| record_format | dspace |
| spelling | upm.eprints-24462015-10-07T00:43:32Z http://psasir.upm.edu.my/id/eprint/2446/ Identifying affordable quality housing components for developing a smart growth model Bakhtiar, Bardia Ibrahim, Rahinah Smart growth development entails retracting the city, hence attempting to house low-income residents at new affordable housing facilities within a metropolitan area. This paper introduces the Low Income Housing Tax Credit (LIHTC) as an alternative funding source for developing affordable housing projects. This paper presents affordable housing and smart growth elements from two selected tax credit programs in the United States. It compares these elements with the Malaysian commitments in Agenda 21 and recommends the Malaysian Point System that supports both affordable housing and smart growth requirements. It presents nine affordable housing and eleven smart growth elements that the proposed Malaysian LIHTC supports. The model includes four additional elements that Malaysia has committed to fulfill its Agenda 21. The proposed model can become an alternative solution for housing developers in Malaysia who cannot rely on government subsidies to develop affordable quality housing for the growing nation. Faculty of Design & Architecture, Universiti Putra Malaysia 2007-12 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/2446/1/6-Bardia.pdf Bakhtiar, Bardia and Ibrahim, Rahinah (2007) Identifying affordable quality housing components for developing a smart growth model. ALAM CIPTA, International Journal on Sustainable Tropical Design Research & Practice, 2 (1). pp. 41-48. ISSN 1823-7231; ESSN: 2289-3687 http://frsb.upm.edu.my/alamcipta/index.php/alamcipta/article/view/19/14 |
| spellingShingle | Bakhtiar, Bardia Ibrahim, Rahinah Identifying affordable quality housing components for developing a smart growth model |
| title | Identifying affordable quality housing components
for developing a smart growth model |
| title_full | Identifying affordable quality housing components
for developing a smart growth model |
| title_fullStr | Identifying affordable quality housing components
for developing a smart growth model |
| title_full_unstemmed | Identifying affordable quality housing components
for developing a smart growth model |
| title_short | Identifying affordable quality housing components
for developing a smart growth model |
| title_sort | identifying affordable quality housing components for developing a smart growth model |
| url | http://psasir.upm.edu.my/id/eprint/2446/1/6-Bardia.pdf |
| work_keys_str_mv | AT bakhtiarbardia identifyingaffordablequalityhousingcomponentsfordevelopingasmartgrowthmodel AT ibrahimrahinah identifyingaffordablequalityhousingcomponentsfordevelopingasmartgrowthmodel |