Journal Article

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.

Keywords: Foreclosure;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: New England Community Developments

Publication Date: 2008

Pages: 8-12

Order Number: 3