The low‐income housing tax credit as an aid to housing finance: How well has it worked?

Abstract

The Low‐Income Housing Tax Credit program has been operating for over 10 years and has helped finance thousands of developments with units set aside for low‐ or moderate‐income households. However, the program has been criticized for requiring additional layers of subsidy to leverage investment and for providing benefits to developers in excess of the amount necessary to induce them to invest.

An analysis of a sample of developments from Missouri finds that the tax credits are syndicated, with virtually all of the syndication proceeds (about 33 percent of the financing) used to pay for development costs. Conventional lending provides another 44 percent of the financing. Unfortunately, because these sources do not cover all of the costs, developers enter into a complex, costly process of layering additional subsidies, one on top of another, to fully finance the development.     

The impact of assisted housing developments on concentrated poverty

Abstract

The common wisdom is that assisted housing developments have both a direct and an indirect impact on concentrated poverty. The indirect effects are based on the notion that the negative stereotypes associated with such developments spill over into the surrounding neighborhoods, causing people who can leave to do so or avoid the neighborhood and leaving behind only the more disadvantaged segments of society. An increase in concentrated poverty in the neighborhood surrounding the development results. Prior studies, relying on aggregated data, are consistent with this thesis. The overwhelming majority of the statistical models in my study, however, found these relationships to be spurious. Once individual and macrolevel characteristics were controlled for, the relationships disappeared.

These findings imply that assisted housing developments will not typically contribute to concentration of poverty in surrounding neighborhoods and suggest that much of the negative reaction to assisted housing developments is unwarranted.     

Comment on Michael A. Stegman,Walter R. Davis,and Roberto Quercia's “The Earned Income Tax Credit as an instrument of housing policy”

Abstract

The article by Stegman, Davis, and Quercia is a careful, comprehensive analysis of the current impact of the Earned Income Tax Credit (EITC) on the housing cost burdens of working families. Its major proposal, a graduated supplement to the EITC to reflect housing costs, is compared with my broader concept of addressing severe cost burdens through supplements to major income support programs. Criticisms of my concept, chiefly administrative difficulties and incompatibility with the EITC benefit structure, are discussed.

My primary concerns are that Stegman, Davis, and Quercia's proposal does not sufficiently target families with severe housing costs and that the formula for calculating the additional benefit does not reflect diverse housing costs throughout the country and provides the smallest increases to the recipients with the lowest incomes. However, it is more important to generate discussion of the reality that “income policy IS housing policy” than to argue about details.     

Managing Nanotechnology Risks in Vulnerable Populations: A Case for Gender Diversity

Funded by the National Science Foundation and the National Nanotechnology Infrastructure Network (NNIN), this study asks qualitatively analyzes interviews with 48 nanoscientist users at four NNIN facilities. The main research questions were: (1) Do nanotechnologies pose unique social and ethical concerns?; (2) how are the risks associated with nanotechnology distributed among different human populations?; (3) what are specific policy steps that can be used to manage such risks? This study purposefully oversampled female scientists to correct for the historical underrepresentation of women in the nanotechnology workforce. By amplifying the voice of this science, technology, engineering, and mathematics (STEM) workforce minority, the policy discussion contained herein better reflects the concerns of the general population. The results, analyzed with the aid of qualitative data analysis software, yield interesting differences in risk characterization among the scientists and innovative policy suggestions for the nanoscience community and regulators alike.     

Policy Alternatives in Adaptive Communities: Simulating the Environmental Justice Consequences of Hazardous Site Remediation Strategies

Many governments have implemented environmental justice mandates requiring agencies to consider the implications of cleanup decisions for poor and/or minority populations. To the extent that this mandate alters decisions, it usually does so by considering the composition of a community in the present without adjusting for potential demographic changes that may occur over time. However, communities change and these changes are likely to affect how well an agency meets its environmental justice mandate over the long term. In this research, an agent‐based model is introduced to simulate how alternative environmental remediation scenarios may affect environmental justice outcomes in a dynamic residential environment with two demographic classes with preferences for living in proximity to neighbors similar to themselves. Under these circumstances, there is unlikely to be one best strategy to achieve both environmental improvement and environmental equity, and a focus on valuable land is the least effective over the long run.     

三网融合与中国刑法的应对

技术发展从来就是一把双刃剑,三网融合技术在给我们生活带来翻天覆地变革的同时,也给传统刑法理论带来巨大的冲击。新的犯罪类型的出现,犯罪行为方式在网络空间中的转变,使得传统刑法在应对方面显得捉襟见肘。修改刑法确实可以短期内解决问题,但是长远来看扩张揭示更是一种可取的思路。     

As the word turns: Drama,rhetoric, and press coverage of the Hill‐Thomas hearings

Because of the unique character of the Hill‐Thomas hearings, journalists were left without a stock political plot to render the proceedings in familiar terms. Using narrative and rhetorical analyses, the study examines how newspaper journalists turned to so‐called women's entertainment genres such as soap opera and melodrama to dramatize and ultimately depoliticize the hearings. The study identifies four recurring rhetorical themes—melodrama, eroticization, agon, and privatization—that served to frame Hill's allegations of sexual harassment against Thomas not in terms of social and political debate but in terms of drama.     

Can the RUVIS Reflected UV Imaging System Visualize Fingerprint Corrosion on Brass Cartridge Casings Postfiring?

Comparisons are made between the visualization of fingerprint corrosion ridge detail on fired brass cartridge casings, where fingerprint sweat was deposited prefiring, using both ultraviolet (UV) and visible (natural daylight) light sources. A reflected ultraviolet imaging system (RUVIS), normally used for visualizing latent fingerprint sweat deposits, is compared with optical interference and digital color mapping of visible light, the latter using apparatus constructed to easily enable selection of the optimum viewing angle. Results show that reflected UV, with a monochromatic UV source of 254 nm, was unable to visualize fingerprint ridge detail on any of 12 casings analyzed, whereas optical interference and digital color mapping using natural daylight yielded ridge detail on three casings. Reasons for the lack of success with RUVIS are discussed in terms of the variation in thickness of the thin film of metal oxide corrosion and absorption wavelengths for the corrosion products of brass.     

A Comparison of Solvent Extract Cleanup Procedures in the Analysis of Organic Explosives

The use of an organic solvent to extract explosive residues from hand swabs and postblast debris inevitably leads to the coextraction of unwanted materials, usually in far greater quantities than any explosive residue. In this study, the extraction efficiency of a number of solvent cleanup procedures including solid‐phase extraction (SPE), adsorbent resins such as Chromosorb‐104, and traditional materials such as silica and Florisil was calculated using a quantitative liquid chromatography–ultraviolet (LC‐UV) detection procedure. The Oasis^® HLB cartridge outperformed other cleanup procedures, with analyte recoveries approaching 95%, while the Amberlite XAD‐7 procedure returned the lowest overall recoveries. The matrix rejection ability of each method was then determined using a simulated highly contaminated matrix, with the adsorbent resins showing a higher degree of matrix rejection, which is seen as a reduction in background noise in the UV chromatogram using 210 nm detection.     

Using Paint to Investigate Fires: An ATR‐IR Study of the Degradation of Paint Samples Upon Heating

Fire investigation is a challenging area for the forensic investigator. The aim of this work was to use spectral changes to paint samples to estimate the temperatures to which a paint has been heated. Five paint samples (one clay paint, two car paints, one metallic paint, and one matt emulsion) have been fully characterized by a combination of attenuated total reflectance Fourier transform infrared (ATR‐IR), Raman, X‐ray fluorescence spectroscopy and powder X‐ray diffraction. The thermal decomposition of these paints has been investigated by means of ATR‐IR and thermal gravimetric analysis. Clear temperature markers are observed in the ATR‐IR spectra namely: loss of ν(C = O) band, >300°C; appearance of water bands on cooling, >500°C; alterations to ν(Si–O) bands due to dehydration of silicate clays, >700°C; diminution of ν(CO₃) and δ(CO₃) modes of CaCO₃, >950°C. We suggest the possible use of portable ATR‐IR for nondestructive, in situ analysis of paints.