Stay involved. Be informed.

Strategy Toolkit   Strategy Toolkit | search
MapViewer   MapViewer | interact
GroWNC website   GroWNC website | inform
Feedback   Ideas | share
Strategy Toolkit

Strategy HC6.5 : Quantify economic impacts of housing incentives.

Strategy Description

Advocates for affordable and workforce housing should collect and analyze quantitative and qualitative information regarding the economic and other benefits of housing incentives. This will help them understand ways in which incentives can be applied to yield greater production of affordable/workforce housing product.

Additional Information / Case Studies

    • Economists at the National Association of Home Builders estimate that the construction activities financed by the Low Income Housing Tax Credit support approximately 95,000 jobs and generate $7.1 billion in economic income annually.

Recommendation

HC6: Encourage the development of affordable/workforce housing within proximity to employment, transportation, services, goods, and recreation.

Scale

Local
Regional