ABSTRACT
Regional fair share housing strategies attempt to address inequities in the regional distribution of affordable housing, in order to shift more affordable housing provision to the outer suburbs. For new construction, the Low Income Housing Tax Credits (LIHTC), currently the most important source of federal funding for affordable housing, supports the development of rental housing via tax credits. Nonprofits also play an important role in place-based approaches. Community Development Corporations (CDCs), Community Development Financial Intermediaries (CDFIs), and other community development intermediaries comprise a "community development industry system". Complementing federal and local programs are a number of foundation-funded comprehensive community initiatives, which build on the legacy of neighborhood improvement from the 1960s, from community development corporations that rebuild neighborhoods to social service providers addressing social and human capital needs. The program funds can be used for a variety of purposes including the acquisition and rehabilitation of property, social services, and economic development.
