MLAW 100 Lecture Notes - Lecture 16: Community Development Block Grant, Federal Housing Administration, Redlining
18 Oct 2018
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Mlaw 100, dr. rashawn ray - thursday, october 18, 2018. City- government entity with powers delegated by state and country, which normally provides local government services. Community- group of individuals living in same locality under same government. Neighborhood- geographically localized community located within a larger city, town, or suburb. Construction generates employment and consumption of other goods. Housing generates the bulk of property taxes for local governments with separate revenue from building permits and fees. Housing projects- created in 1937 as a response to the housing crisis related to. Housing vouchers- encourage landlords to rent to low-income people by subsidizing rent. Block grants- give money to local governments in exchange for low-income housing. Community development block grant is the largest. Low-income housing tax credit program- offers tax incentives to private enterprise to participate in developing low-income rental units. Fair housing act of 1968- outlawed discrimination on basis of ethnicity in housing. Oversees public housing and other subsidy programs.
