New Report Details Tax Reforms Geared to Promote Homeownership


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An Urban Institute report, New Perspectives on Homeownership Tax Incentives, documents three tax reforms that address to promote homeownership through a channel other than the deductibility of mortgage interest.

These reforms include a first-time homebuyer tax credit, a refundable tax credit for property taxes paid, and an annual flat amount tax credit for homeowners. They are all paid for by limiting current housing tax expenses.


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Federal Programs Related to - Housing, General/Other

Programs that seek to meet the basic shelter needs of the community by providing temporary shelter for people who are in emergency situations, home improvement programs, housing location assistance and a variety of housing alternatives.

Federal Programs Related to - Housing Owners

Programs of membership organizations formed by a real estate developer to own and maintain common green areas, streets, and sidewalks and to enforce covenants to preserve the appearance of the development. Homeowners' Associations

Federal Programs Related to - Public Finance, Taxation &Monetary Policy

Programs that are primarily engaged in financial administration, taxation and monetary policy. Campaign Finance, Federal Reserve; Monetary Policy; Taxation


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