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Federal Policy and the Rise of Nonprofit Housing Providers
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During the past decade, federal housing policy has shifted to recognize a key role for nonprofit organizations in providing affordable housing. Two federal programs, Low-Income Housing Tax Credit and HOME, are now the primary federal housing production programs, and the legislation governing both programs provides explicit support for nonprofit providers of new housing. This article focuses on these two programs to document the change in emphasis, looking at the extent to which resources flow to nonprofit providers. We explicate the rationale for this shift and speculate on future federal policy towards nonprofits. (Authors)
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