Forget NSP, Tax Credits Will Save Neighborhoods by Alan Mallach, Senior Fellow, Center for Community Progress

Originally posted by Alan Mallach in the National Housing Institute’s Rooflines Blog, June 21, 2013.

In my last two posts, I tried first to explain why NSP hasn’t revitalized many neighborhoods and why Project Rebuild won’t do any better; and second, to suggest some principles f or a program that actually might do a better job at rebuilding the nation’s distressed neighborhoods.

In this post, I’m going to suggest what such a program might actually look like. This may not be the only way to approach it, but I think it might work. I call it the neighborhood investment tax credit program.

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