I attached the paper instructions and the outline. I need 20 double space pages with APA style. I want the work delivered in progress because I have to show the professor if I’m in the right track. See attchemtens
outline_.docx
paper_instructions.docx
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Running Head: RESEARCH QUESTION AND OUTLINE
Research Question and Outline
Student’s Name
Course
Institutional Affiliation
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RESEARCH QUESTION AND OUTLINE
Research Question and Outline
Research Question: An Analysis of The LIHTC with the Focus of Indiana Housing &
Community Development (IHCDA): How Does LIHTC Implemented to Provide Affordable
Rental Housing for Low-Income Households?
Outline
I.
Introduction
A. Purpose of the research (To find out how the LIHTC program is implemented
with the focus on IHCDA in Indiana)
B. Thesis statement ( There are many elements to consider in the implementation of
LIHTC program that is useful in understanding the eligibility of households that
qualify for a unit and the eligibility of homeowners to get credit allocation for
construction of housing units.)
II.
What is affordable housing program?
The affordable housing program is an initiative under the LIHTC Program to provide
incentives to the private sector to construct new houses or renovate existing ones for
low-income families
III.
The history and progress of implementation of the LIHTC program
A. The Fair Housing Act (HFA) was weak and contributing to discrimination and
continued housing segregation (Callison, 2010). The LIHTC program, therefore,
was as an efficient tool to improve residential integration.
B. The financial crisis of 2007 and 2008 compromised the ability of corporate
investors to provide LIHTC programs.
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RESEARCH QUESTION AND OUTLINE
C. There was however measures put in place to respond to the crisis as the
government implemented two programs to address the challenges of LIHTC. The
Tax Credit Assistance Program and Tax Credit Exchange Programs were to fill
the funding gaps for the projects.
D. The implementation of the LIHTC was in 1986. Since then, there have been
approximately 1.5 million units for individuals with low-income (Desai,
Dharmapala &Singhal, 2008).
E. A statement on the reason for the implementation of the policy
a. A critical federal housing program
b. Type of tax expenditure program
F. A statement on primary characteristics
a. Supply-side program
b. Supply-side remedy through the tax code (Desai, Dharmapala, & Singhal,
2008).
c. The beneficiary of the tax credit need not be the service provider.
IV.
LIHTCs in the state of Indiana
i.
Introduction to the Indiana Housing and Community Development
Authority (IHCDA).
ii.
IHCDA responsibilities
o conducting a compliance audit
o Inspections and annual review of all the property programs and
the state of the change in ownership of the property under the
LIHTC program after 15 years (Khadduri et al., 2012).
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RESEARCH QUESTION AND OUTLINE
iii.
IHCDA limitations
o doesn’t own any property
o it doesn’t manage any property
o it doesn’t take any application
V.
Eligibility process to Acquire a Property in Indiana
A. A household needs to fulfill two key factors to obtain property under the
LIHTC program
i.
income eligibility
o Program units are designated for income levels.
•
30%, 40%, 50% and 60%.
o A household at 30% area median income can qualify for a
house at 60%.
o Both earned, and unearned incomes are considered from the
entire household member.
ii.
Student eligibility
o Household, where all members are full-time students, are
ineligible for LIHTC units.
o An allowable exception can be documented to consider
eligibility for all full-time students.
iii.
House owner’s eligibility for credit allocation
o They have to render 20% of their residential houses to 50% of
individuals with less than the median income (Muralidhara,
2006).
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RESEARCH QUESTION AND OUTLINE
o The property owner who qualifies thus gets a 30% or 70% of
the cost they used depending on the nature of the project.
o Must go through the allocation process beginning from the
federal level to states and finally to developers and investors.
VI.
IV.
Rent
A.
Different units have rents restricted at different levels
B.
For tenants paying for their utility, a utility allowance is given.
Conclusion
A. Restating the thesis (There are many elements to consider in the implementation
of LIHTC program that is useful in understanding the eligibility of households
that qualify for a unit and the qualification of homeowners to get credit allocation
for construction of housing units
B. Review of the eligibility process of the household, students, and homeowners.
C. Eligibility for a LIHTC unit and credit allocation in Indiana depends on income
eligibility, student eligibility and the number of units allocated for LIHTC
program by property owners.
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RESEARCH QUESTION AND OUTLINE
References
Callison, J. W. (2010). Achieving Our Country: Geographic Desegregation and the Low-Income
Housing Tax Credit. S. Cal. Rev. L. & Soc. Just., 19, 213.
Desai, M. A., Dharmapala, D., & Singhal, M. (2008). Investable tax credits: the case of the lowincome housing tax credit.
Green, R. K., Malpezzi, S., & Seah, K. Y. (2002). Low-income housing tax credit housing
developments and property values. Madison, WI: Center for Urban Land Economics
Research, the University of Wisconsin.
InContext (2001). Hoosiers and Affordable Housing: The Indiana Housing Finance Authority.
The Indiana Economy./ Volume 2. Issue 4.
Joint Center for Housing Studies of Harvard University. (2009). The disruption of the LowIncome Housing Tax Credit program: Causes, consequences, responses, and proposed
correctives.
Kaye, T. A. (1993). Sheltering Social Policy in the Tax Code: The Low-Income Housing
Credit. Vill. L. Rev., 38, 871.
Khadduri, J., Climaco, C., Burnett, K., Gould, L., & Elving, L. (2012). What happens to lowincome housing tax credit properties at year 15 and beyond?. US Department of Housing
and Urban Development, Office of Policy and Development Research.
Kochera, A. (2002). Serving the affordable housing needs of older low-income renters: A survey
of low-income housing tax credit properties: Public Policy Institute, AARP.
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RESEARCH QUESTION AND OUTLINE
McClure, K. (2000). The low‐income housing tax credit as an aid to housing finance: How well
has it worked?. Housing Policy Debate, 11(1), 91-114.
Muralidhara, S. (2006). Deficiencies of the Low-Income Housing Tax Credit in targeting the
lowest-income households and in promoting concentrated poverty and segregation. Law
& Ineq., 24, 353.
Niver, K. (2016). Changing the Face of Urban America: Assessing the Low-Income Housing
Tax Credit. Va. L. Rev. Online, 102, 48.
Pickering, S. (2013). Our House: Crowdfunding Affordable Homes with Tax Credit Investment
Partnerships. Rev. Banking & Fin. L., 33, 937.
Roisman, F. W. (1997). Mandates unsatisfied: The low-income housing tax credit program and
the civil rights laws. U. Miami L. Rev., 52, 1011.
Roisman, F. W. (2000, November). Poverty, Discrimination, and the Low-Income Housing Tax
Credit Program. In Prepared for the meeting of the LALSHAC, Washington, DC,
November(pp. 19-20).
Shah, S. R. (2005). Having Low Income Housing Tax Credit Qualified Allocation Plans Take
into Account the Quality of Schools at Proposed Family Housing Sites: A Partial Answer
to the Residential Segregation Dilemma. Ind. L. Rev., 39, 691.
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The paper question is:
An Analysis of The LIHTC with the Focus of Indiana Housing & Community Development
(IHCDA): How Does LIHTC Implemented to Provide Affordable Rental Housing for LowIncome Households?
The main focus of the paper is how the LIHTC is implemented in the State of Indiana. What I
want is the introduction and description of the affordable housing program. After that the
description of LIHTC. The final section and the most important focus of the paper is the
implementation of LIHTC with the Focus of Indiana Housing & Community Development
(IHCDA).
I attached the outline and the sources (26 sources) you can edit the outline if you want but I want
you to have the general idea of how I want the paper.
The paper is 20 pages double space with APA style.
Important note:
– I want the work delivered in progress because I have to show the professor if I’m in
–
the right track.
Be sure to let the paper bases on an administrative law aspect not policy. Don’t
evaluate the program or the policy. By careful because the paper should be about
the law prospective.
…
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