Measuring externalities of Low-Income Housing Tax Credit (LIHTC) projects in property value of neighborhood single-family homes : a case in Austin, Texas

Repository

Measuring externalities of Low-Income Housing Tax Credit (LIHTC) projects in property value of neighborhood single-family homes : a case in Austin, Texas

Show full record

Title: Measuring externalities of Low-Income Housing Tax Credit (LIHTC) projects in property value of neighborhood single-family homes : a case in Austin, Texas
Author: Yoo, Ju Hyun
Abstract: Since the Tax Reform Act of 1986, Low-Income Housing Tax Credit (LIHTC) has been a major source of affordable housing provision for low to middle-income families. Meanwhile, growing concern about potential decrease of property value in neighborhoods has been the main obstacle for most of the affordable housing projects. As a result, LIHTC projects are facing backlash from neighborhoods near the potential affordable housing projects – NIMBYism (Not In My Back Yard). However, during decades, it has been always controversial whether LIHTC is actually affecting neighborhood property value in negative way. This study tests the hypothesis that the LIHTC projects affect negatively on neighborhood single-family home property value in Austin, Texas. Single-family homes within 2000-feet radius from the selected LIHTC projects were analyzed based on the Travis County Appraisal District annual appraisal values between 1993 and 2008.
Department: LBJ School of Public Affairs
Subject: LIHTC NIMBY Low-Income Housing Tax Credit Not In My Back Yard Austin, Texas Hedonic Price Model Quantitative Property Value GIS
URI: http://hdl.handle.net/2152/ETD-UT-2009-08-315
Date: 2009-08

Files in this work

Download File: YOO-MASTERS-REPORT.pdf
Size: 1.672Mb
Format: application/pdf

This work appears in the following Collection(s)

Show full record


Advanced Search

Browse

My Account

Statistics

Information