Housing Law, Policy, and Finance
Federal, State and local governments have long struggled to formulate effective and efficient ways to encourage the private sector to create a sufficient supply of housing for low and moderate income people, the homeless, and those with special needs. This seminar will study, among other issues, the relative advantages and disadvantages of the different tools available to intervene in the housing markets. Some of the interventions to be studied include subsidization, both directly and through the tax system; regulation of financial institutions, e.g. the Community Reinvestment Act; government sponsored enterprises; zoning; and regulation of lands and rents.