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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