TY - JOUR AU - Collinson, Robert AU - Ellen, Ingrid Gould AU - Ludwig, Jens TI - Low-Income Housing Policy JF - National Bureau of Economic Research Working Paper Series VL - No. 21071 PY - 2015 Y2 - April 2015 DO - 10.3386/w21071 UR - http://www.nber.org/papers/w21071 L1 - http://www.nber.org/papers/w21071.pdf N1 - Author contact info: Robert Collinson University of Notre Dame Economics Department Wilson Sheehan Lab for Economic Opportunities 3060 Jenkins Nanovic Hall Notre Dame, INDI 46556 United States Tel: 8478671284 E-Mail: rcollin8@nd.edu Ingrid Ellen New York University Robert F. Wagner Graduate School of Public Service 295 Lafayette Street New York, NY 10012 E-Mail: ingrid.ellen@nyu.edu Jens Ludwig Harris School of Public Policy University of Chicago 1307 East 60th Street Chicago, IL 60637 Tel: 773/834-0811 E-Mail: jludwig@uchicago.edu M1 - published as Robert Collinson, Ingrid Gould Ellen, Jens Ludwig. "Low-Income Housing Policy," in Robert A. Moffitt, editor, "Economics of Means-Tested Transfer Programs in the United States, Volume 2" University of Chicago Press (2016) M3 - presented at "Means-Tested Transfer Programs", December 5-6, 2014 AB - The United States government devotes about $40 billion each year to means-tested housing programs, plus another $6 billion or so in tax expenditures on the Low Income Housing Tax Credit (LIHTC). What exactly do we spend this money on, why, and what does it accomplish? We focus on these questions. We begin by reviewing the history of low-income housing programs in the U.S., and then summarize the characteristics of participants in means-tested housing programs and how programs have changed over time. We consider important conceptual issues surrounding the design of and rationale for means-tested housing programs in the U.S. and review existing empirical evidence, which is limited in important ways. Finally, we conclude with thoughts about the most pressing questions that might be addressed in future research in this area. ER -