Facts About Low-Income Housing Policy
8th April 2015
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).
Yet total subsidies for home ownership may run as high as $600 billion, most of those not going to the poor.
There are over twenty different federal subsidized housing programs and most of them are no longer producing new units.
My question is: How come it is somehow the job of the Federal government to provide people with housing at taxpayer expense?