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In 2014, the federal government provided about $50 billion in
housing assistance specifically designated for low-income
households. That assistance -- which is made available both through
spending programs and preferential tax treatment -- increased by
about 15 percent in real (inflation-adjusted) terms between 2000
and 2003. Since that time, such assistance has remained relatively
stable at about $50 billion annually (measured in 2014 dollars),
with the exception of a temporary boost, mostly in 2010 and 2011,
associated with the American Recovery and Reinvestment Act of 2009
(ARRA). The Congressional Budget Office report, provided in this
book, discusses the ways in which the federal government provides
housing assistance to low-income households, examines how that
assistance has changed since 2000, and provides information about
the households that receive assistance. In addition, the book
assesses policy options for altering that assistance. The book also
identifies the federal, state, and local government funded programs
that provide rental assistance to low-income households and
identifies indications of program fragmentation and overlap;
assesses the extent of intergovernmental collaboration for rental
assistance; and determines what is known about performance at the
federal level, at selected state and local jurisdictions and for
the collective performance of the levels of government providing
rental assistance.
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