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28 J.L. & Pol'y 639 (2019-2020)
QAP out: Why the Federal Government Should Require More from How States Allocate Low-Income Housing Tax Credits

handle is hein.journals/jlawp28 and id is 647 raw text is: 


                       Connor Blancato*

Prohibitively high land acquisition and construction costs block
affordable housing developers from using the Low-Income Housing
Tax Credit program in high opportunity areas. Policymakers must
study the history of housing policy in the United States and realize
that the LIHTC program works because it suitably balances
previously problematic private-market competition, federalism
concerns, and compliance issues. Federal lawmakers can look to
Qualified Allocation Plans drafted by individual states as a way to
encourage the construction of affordable housing without upsetting
this equilibrium. To encourage such development, the federal
government can require states, in determining tax credit allocations
through QAPs, to give preference to difficult development areas,
high opportunity areas, or areas with less than 10% affordable
housing stock.


    After a half-century of federally administered housing programs
resulting in varied levels of success, Congress enacted a workable
program to subsidize the construction of affordable housing.' Since

* Brooklyn Law School (J.D. Candidate 2021); Loyola University Maryland
(B.A. 2018). The author would like to thank Taylor Schmidinger, Haleigh
Doherty, Merin Urban and all his coworkers at NYC Housing Development
Corporation and the entire staff of the Journal of Law and Policy for their
suggestions and support. The author would like to extend special thanks to his
mother AnneMarie Blancato, whom he forgot to thank during a scholarship
acceptance speech in 2014 and still feels bad about it. Any mistakes or errors are
the author's own.


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