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Since Franklin D. Roosevelt's New Deal, American housing policy has
focused on building homes for the poor. But seventy-five years of
federal housing projects have not significantly ameliorated crime,
decreased unemployment, or improved health; recent reforms have
failed to revitalize low-income neighborhoods or stimulate the
economy. To be successful in the twenty-first century, American
housing policy must stop reinventing failed programs. Housing
Policy at a Crossroads: The Why, How, and Who of Assistance
Programs provides a comprehensive survey of past low-income housing
programs, including public and subsidized housing, tax credits for
developers, and block grants for state and local governments. John
C. Weicher's comparative analysis of these programs yields several
key conclusions: Affordability, not quality, is the most pressing
challenge for housing policy today; of all the housing programs,
vouchers have provided the most choice for the poor at the lowest
cost to the taxpayer; because vouchers are much less expensive than
public or subsidized housing, future subsidized projects would be
an inefficient use of resources; vouchers should be offered only to
the poorest members of society, ensuring that aid is available to
those who need it most. At once a history of housing policy, a
guide to issues confronting policymakers, and a case for vouchers
as the cheapest, most effective solution, Housing Policy at a
Crossroads is a timely warning that reinventing failed building
programs would be a very costly wrong turn for America.
This volume explains why there is bipartisan interest in US
privatisation of public housing and how it can be accomplished.
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