Housing Production Subsidies and Neighborhood Revitalization: New York City’s Ten Year Capital

Publication Date: June 2003

Publisher: Furman Center for Real Estate

Author(s): Ingrid Gould Ellen; Amy Ellen Schwartz; Michael Schill; Ioan Voicu

Research Area: Social conditions

Keywords: housing policy; neighborhoods; subsidized housing; Affordable housing

Type: Article

Abstract:

A perennial question in housing policy concerns the form that housing assistance should take. Although some argue that housing assistance should be thought of as a form of income support and advocate direct cash grants to needy households, others favor earmarked assistance—but they differ over whether subsidies should be given to the recipients as vouchers or to developers as production subsidies.