The most widely used and most widely referenced "basic book" on Housing Policy in the United States has now been substantially revised to examine the turmoil resulting from the collapse of the housing market in 2007 and the related financial crisis. The text covers the impact of the crisis in depth, including policy changes put in place and proposed by the Obama administration. This new edition also includes the latest data on housing trends and program budgets, and an expanded discussion of homelessnessof homelessness.

Table of Contents

1. Introduction 2. Trends, Patterns, Problems 3. Housing Finance 4. Taxes and Housing 5. The Low-Income Housing Tax Credit 6. Public Housing 7. Privately Owned Rental Housing Built with Federal Subsidy 8. Vouchers 9. State and Local Housing Policy and the Nonprofit Sector 10. Housing for People with Special Needs 11. Fair Housing and Community Reinvestment 12. Home Ownership and Income Integration 13. Conclusions

Author Biography

Alex F. Schwartz is Associate Professor at Milano The New School for Management and Urban Policy and Chairman of the school's Department of Urban Policy Analysis and Management.