Benefits and Costs of New York City's Middle-Income Housing Program
Bibliographic Data
| ID | 10179548 |
|---|---|
| Authors | Joseph S Desalvo (corresponding author) |
| Year | 1975 |
| Volume | 83 |
| Issue | 4 |
| Pages | 791-805 |
| Publication date | 1975-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/260356 |
| OpenAlex | W1980607022 |
| Language | EN |
| Citations received | 12 |
| References cited | 2 |
A method for evaluating publicly subsidized housing is presented and applied to New York City's Mitchell-Lama middle-income housing program. Households occupying the 57,000 subsidized dwelling units received net benefits of 25.6 million, or 450 per household, in 1968. The public subsidy required to provide these benefits was 46.9 million, or 824 per unit. Hence, rather substantial nontenant benefits of 21.3 million, or 374 per unit, would have had to be generated by the program for it to be considered an efficient use of resources. Net benefits to participants were found to rise with age of household head and family size, to be lower for female-headed households, and to show little relation to income level. However, net benefits varied considerably for otherwise similar households. Finally, program participants were found to differ little on average from those occupying private, unsubsidized rental housing in New York City in 1968
Agricultural economics · Business · Demographic economics · Economic growth · Economics · Environmental health · Family income · Middle income · Net income · Political science · Rental housing · Renting · Safety net · Socioeconomics · Subsidized housing · Subsidy · Unit (ring theory · Finance · Housing Market and Economics · Urban, Neighborhood, and Segregation Studies
The Value of Tenant Benefits From UK Council Housing Subsidies
The Benefits and Costs of Residential Mobility Programmes for the Poor
Hedonic prices and composite commodities
The welfare cost of housing standards
Measurement problems in quantifying the distributional effects of subsidy programs
Participation behavior and distributional consequences under a multiple constrained housing program
The Redistributive Effect of Public Housing in Hong Kong
Benefits and Consumption Effects of Public Housing Programs in Belgium
The Welfare Cost of Hong Kong's Public Housing Programme
Estimation of the Tenants' Benefits Residing in Public Rental Housing with Unit Size Constraint in Korea
Benefits to Residents From Urban Renewal
Recent Developments in Urban Economics
| Unique citing works | 12 |
|---|---|
| Citations per year | 0.25 |
| Citation span | 1978 - 2007 (30) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 12 |