Housing Solutions Lab + Local Housing Solutions

The Lab helps cities make equitable housing policy, providing TA and data at From @FurmanCenterNYU + @AbtAssociates + @RWJF

[Housing Solutions Lab + Local Housing Solutions @local_housing]

What is the Housing Solutions Lab?

Watch and learn. https://t.co/Q6r1cZteic

[Housing Solutions Lab + Local Housing Solutions @local_housing]

@FurmanCenterNYU Learn more about the different models of public development and what cities can learn from them in @FurmanCenterNYU and @local_housing’s new Policy Brief: https://t.co/66qEluCDzs

[Housing Solutions Lab + Local Housing Solutions @local_housing]

Public developer models in the US mainly fall into three groups, according to a new policy brief by @FurmanCenterNYU and @local_housing

[Housing Solutions Lab + Local Housing Solutions @local_housing]

@FurmanCenterNYU These models use dedicated funding streams and portfolios of smaller properties to cross-subsidize costs, highlighting how specialized entities can effectively focus on affordable housing needs.

[Housing Solutions Lab + Local Housing Solutions @local_housing]

But it’s at the state level where some of the most consequential change is taking place. Read more from @voxdotcom’s Rachel Cohen here ⤵️ https://t.co/U0brHtKBvJ

[Housing Solutions Lab + Local Housing Solutions @local_housing]

For years, the easiest thing to do about building new housing was nothing.

[Housing Solutions Lab + Local Housing Solutions @local_housing]

In Washington, DC, Congress has held more hearings on housing affordability recently than it has in decades, and President Joe Biden has been ramping up attention on the housing crisis, promising to “build, build, build” to “bring housing costs down for good.”

[Housing Solutions Lab + Local Housing Solutions @local_housing]

@HUDgov To learn more about the history and different kinds of models of public development, visit the @FurmanCenterNYU’s @local_housing https://t.co/IMDsHthMRP

[Housing Solutions Lab + Local Housing Solutions @local_housing]

In the US, public housing is the most familiar version of public development. But over the last century, there has been a gradual shift toward relying on for- and non-profit developers to provide affordable housing in exchange for a variety of subsidies.

[Housing Solutions Lab + Local Housing Solutions @local_housing]

@HUDgov ▪️ 1986 - Congress establishes the Low-Income Housing Tax Credit (LIHTC)

▪️ 1999 - The Faircloth Amendment caps the number of public housing units