Using new markets tax credits to mitigate the impact of foreclosures on communities
Abstract: The author presents an overview of what is being done and offers community development practitioners? ideas about how to refine and strengthen the federal program. One example: change the program to allow a separate, additional allocation of tax credits for the purchase and resale of foreclosed property in low-income areas.
File(s): File format is application/pdf http://www.bostonfed.org/commdev/necd/2008/issue3/new-markets-credits.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: New England Community Developments
Publication Date: 2008
Order Number: 3