Low-Income Housing Development and Crime

نویسندگان

  • Matthew Freedman
  • Emily Owens
چکیده

This paper examines the effect of rental housing development subsidized by the government’s Low-Income Housing Tax Credit program on local crime. We take advantage of changes in the formula used to determine the eligibility of census tracts for Qualified Census Tract (QCT) status, which affects the size of the tax credits developers receive for building lowincome housing. QCT status attracts real estate development from other parts of the county, differentially improving the housing stock in the poorest census tracts. Low-income housing development, and the associated revitalization of neighborhoods, brings with it significant reductions in violent crime that are measurable at the county level. There are no detectable effects on property crime, perhaps because of changes in reporting behavior among residents. a Cornell University, ILR School, 266 Ives Faculty Building, Ithaca, NY 14853 (e-mail: [email protected]). b Cornell University, Department of Policy Analysis and Management, MVR, Ithaca, NY 14853 (email:[email protected]).

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تاریخ انتشار 2010