March 30, 2010
Two by Diamond on Affordable Housing
Michael Diamond (Georgetown) has posted two articles that were contributed to the recent Law, Property, & Society series book AFFORDABLE HOUSING AND PUBLIC-PRIVATE PARTNERSHIPS, Nestor M. Davidson & Robin Paul Malloy, eds., Ashgate Press, 2009. The first article is titled Affordable Housing and the Conflict of Competing Goods: A Policy Dilemma (p. 1). The abstract:
This paper, which was the keynote address at a conference on Affordable Housing and Pubic Private Partnerships at the University of Colorado Law School, is designed to point out the conflicts between various competing social “goods” in relation to the provision of affordable housing. In a world of finite resources in which competing goods cannot both be maximized at the same time, when the goods are incommensurable, how ought a society choose among them? The paper focuses on such issues as preservation of affordable housing and wealth creation; affordability and handicapped accessibility or green development. It examines various methods of societal choosing and provides a critique of each such method. It then cautions policy makers to be conscious of these incommensurable goals and to determine how to prioritize them.
The second paper is Another Model of Low Income Housing Tax Credit Development: Building Housing and Building Capacity (p. 51). The abstract:
This paper was first delivered at a conference on Affordable Housing and Pubic Private Partnerships at the University of Colorado Law School. It addresses the creation of community institutions able to acquire and wield power in the affordable housing realm. While this ability has generally been associated with buildings purchased and operated by tenant groups, the paper suggests other affordable housing situations, particularly those developed under the Low Income Housing Tax Credit program, in which the accretion of power can occur. It proposes a model of tenant involvement in development and operation of affordable rental housing that can, in certain circumstances, create the type of durable institution normally associated with ownership.
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