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Affordable housing campaigns are not new, of course, but what is unprecedented and transformative about Opportunity Starts at Home is the scope and diversity of the partners that are joining forces to advocate for more robust and equitable federal housing policies. The campaign is advised by a Steering Committee including leading national organizations representing a wide range of interests that are working shoulder-to-shoulder to solve the affordable housing crisis.
Topics: Asset building, Child welfare, CLPHA, Community development, Early childhood, Education, Food insecurity, Funding, Health, Homelessness, Housing, Immigrants, Legislation & Policy, Low-income, Mobility, Out-of-school time, Partnerships, Racial inequalities, Safety, Seniors, Stability, Substance abuse, Youth
Shared by Mica O'Brien
on Jan 24, 2019 0
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The Tax Cuts and Jobs Act of 2017 provides a new incentive—centered around the deferral, reduction, and elimination of capital gains taxes—to spur private investments in low-income areas designated by states as Opportunity Zones. This provision is based heavily on the Investing in Opportunity Act (S. 1639) introduced by Senator Cory Booker (D-NJ) and Senator Tim Scott (R-SC). Given the significant interest among investors, it is possible that this new tax incentive could attract hundreds of billions of dollars in private capital, making this one of the largest economic development initiatives...
Topics: Community development, Funding, Legislation & Policy, Mobility, Place-based
Shared by Mica O'Brien
on Dec 5, 2018 0
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With the new administration and Congress, policymakers have an opportunity to forge an enduring bipartisan consensus on affordable rental housing. There is more agreement between the two political parties than one might think: Strengthening the Low-Income Housing Tax Credit, expanding the Department of Housing and Urban Development (HUD)’s Rental Assistance Demonstration program, continuing efforts to reduce homelessness, infusing real choice into the housing voucher program by enabling greater mobility, expanding self-sufficiency and asset-building incentives, and reducing regulatory...
Topics: Dual-generation, Funding, Homelessness, Housing, Legislation & Policy, Low-income, Mobility, RAD, Research
Shared by Housing Is
on Jul 12, 2018