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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.

Housing 91
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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

First, the implementation timeline is rather long, as key recommendations are significantly dependent upon Congress passing legislation – and it must be assumed that such passage will require, at a minimum, at least several years. I find these recommendations lacking for four main reasons.

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Emergency Home Repair Loans: Local Government as Financial Bridge

Community and Economic Development Program of UNC

In non-emergency situations, local government housing loans are authorized “only when the planning, construction, and financing of residential housing is not otherwise available to ‘persons and families of low income’” due to “the inability of private enterprise and investment, without assistance, to meet that need.” 29, 49, 50 (1970).

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Options for Expanding Property Tax Relief for Lower Income Homeowners

Community and Economic Development Program of UNC

Only the General Assembly is authorized to create property tax exemptions, and when that legislative body creates exemptions they must apply uniformly across the state. One idea proposed by housing advocates is to modify the “circuit breaker” residential tax exclusion so that it benefits more taxpayers.

Laws 40
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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

The average guarantee fee (G-fee) of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), who currently finance about half of the nearly $13 trillion of outstanding first-lien single-family mortgages in the country, 1 is among the most closely-watched numbers by housing finance policymakers and the mortgage lending industry.

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V for Vagina: The Anniversary of Michigan Representative Lisa Brown’s Vagina Monologue

Public Policy Blog

Later, Majority Floor Leader Jim Stamas, R-Midland, determined Brown’s comments “violated the decorum of the House”, said Ari Adler, spokesman for the Republican majority. Image: Washington Post. Following the *audacity* that Rep. Brown used a biological, anatomical, even “medical” [gasp!]

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Ben Bishin: 2020 Election and A Divided Congress

Policy Chats

His interests include questions of democracy, representation, identity and ethnicity, public opinion, legislative politics, Cuban-American and LGBT politics. His interests include questions of democracy, representation, identity and ethnicity, public opinion, legislative politics, Cuban-American and LGBT politics.