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- Landmarks law; preservation; real estate; construction; New York City; property law; land use; land use regulation; zoning (1)
- Tax credits; LIHTC; QAP; discrimination; Qualified Allocation Plan (1)
- Tax law; state and local taxation; federal taxation; property law; real estate; real estate tax; property tax; legislation; land use law; housing law; government contracts; construction law; low income housing tax credits; IRS (1)
Articles 1 - 2 of 2
Full-Text Articles in Law
Qap Out: Why The Federal Government Should Require More From How States Allocate Low-Income Housing Tax Credits, Connor Blancato
Qap Out: Why The Federal Government Should Require More From How States Allocate Low-Income Housing Tax Credits, Connor Blancato
Journal of Law and Policy
Prohibitively high land acquisition and construction costs block affordable housing developers from using the Low-Income Housing Tax Credit program in high opportunity areas. Policymakers must study the history of housing policy in the United States and realize that the LIHTC program works because it suitably balances previously problematic private-market competition, federalism concerns, and compliance issues. Federal lawmakers can look to Qualified Allocation Plans drafted by individual states as a way to encourage the construction of affordable housing without upsetting this equilibrium. To encourage such development, the federal government can require states, in determining tax credit allocations through QAPs, to give …
Living Landmarks: Equipping Landmark Protection For Today’S Challenges, Kyle Campion
Living Landmarks: Equipping Landmark Protection For Today’S Challenges, Kyle Campion
Journal of Law and Policy
The past few decades have brought tremendous change to New York City as gentrification continues its march through many of the city’s neighborhoods. This change has transformed formerly neglected neighborhoods into highly desired locations. While these changes have introduced potential benefits to the transformed areas, they have also put immense economic pressure on important local establishments, such as diners, bars, and other informal gathering spaces that played an important role in their communities before the neighborhoods became “hot.” Increasingly, this pressure has resulted in the shuttering of many such local establishments. Their disappearance represents not only a loss of an …