The Earned Income Tax Credit as an Instrument of Housing Policy. By Michael A. Stegman, Walter R. Davis, and Roberto Quercia, University of North Carolina, Chapel Hill. Prepared for The Brookings Institution (The Institution, Washington, DC) June 2003. 60 p.
Full Text at: www.brookings.edu/dybdocroot/es/urban/publications/stegmanhousing.pdf
["This paper examines the effect of the Earned Income Tax Credit (EITC) on housing-cost burdens currently and analyzes and contrasts three proposals to increase its impact as a housing tool. By any measure, severe housing expenses for low- and moderate-income households are on the rise; if included in income, the EITC significantly reduces critical housing needs for working households; all three proposals to expand and restructure the EITC would reduce the number of households with severe housing costs; the authors’ proposal would relieve severe housing-cost burdens for 510,000 families."]