Remove 2011 Remove 2021 Remove Legislation
article thumbnail

Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Over 225 CLTs have developed since their inception in the 1960s (Grounded Solutions Network 2021), and fifteen states have some version of a positive law supporting CLT formation and affirming CLT legality in their state (Decker 2018).

Housing 91
article thumbnail

Options for Expanding Property Tax Relief for Lower Income Homeowners

Community and Economic Development Program of UNC

Only the General Assembly is authorized to create property tax exemptions, and when that legislative body creates exemptions they must apply uniformly across the state. Assume Tina Tarheel is 67, earned $30,000 in 2021, and has lived in her home for 15 years. Let’s work through an example of the circuit breaker math.

Laws 40
article thumbnail

Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

2 In November of last year, the Federal Housing Finance Agency (FHFA), the regulator and conservator of the two companies, issued its annual report on their G-fees (the G-fee Report), covering calendar year 2021. percent range for seven more years through 2021, as disclosed in each year’s annual FHFA G-fee report. percent to 0.49

article thumbnail

How to Evaluate the Likelihood of GSE Reform in the Next Presidential Administration: Six Questions to Ask

The Stoop (NYU Furman Center)

I have also written on the inherent design flaw in F&F and the other GSEs embedded in their congressional legislation: see [link] and [link]. ]] For many years, this was considered the responsibility of Congress, which had established the GSEs by legislation – but Congress has never come close to agreeing on what changes would be needed.