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Conserving Rental Housing A Policy Analysis
Conserving the existing stock of rental housing is a key part of any policy to house low-and moderate-income people and to revitalize their neighborhoods. Local governments, with their limited resources, have growing responsibility for the conservation efforts. But they have little information about what programs actually result in better maintenance and repair of rental housing. This article, based on studies of landlords' investments in repairs to their buildings, outlines policies for shaping effective programs to conserve rental housing. It focuses on six crucial issues: how to divide public actions between those that directly support housing improvements and those that indirectly encourage rehabilitation by improving neighborhood conditions; how much assistance to provide, and where to concentrate it geographically; how to involve other private parties, especially lenders; which owners to assist; what level of rehabilitation to support for a given building; and how to balance the use of “carrots” and “sticks.”
Conserving Rental Housing A Policy Analysis
Conserving the existing stock of rental housing is a key part of any policy to house low-and moderate-income people and to revitalize their neighborhoods. Local governments, with their limited resources, have growing responsibility for the conservation efforts. But they have little information about what programs actually result in better maintenance and repair of rental housing. This article, based on studies of landlords' investments in repairs to their buildings, outlines policies for shaping effective programs to conserve rental housing. It focuses on six crucial issues: how to divide public actions between those that directly support housing improvements and those that indirectly encourage rehabilitation by improving neighborhood conditions; how much assistance to provide, and where to concentrate it geographically; how to involve other private parties, especially lenders; which owners to assist; what level of rehabilitation to support for a given building; and how to balance the use of “carrots” and “sticks.”
Conserving Rental Housing A Policy Analysis
Mayer, Neil S. (author)
Journal of the American Planning Association ; 50 ; 311-325
1984-09-30
15 pages
Article (Journal)
Electronic Resource
Unknown
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