poverty
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Reforming a Deduction to Provide Homes for the Poor
When the National Low Income Housing Coalition first launched our proposal to fund the building and preservation of affordable housing with the savings from modification of the mortgage interest deduction, there were skeptics who told us the mortgage interest tax break was untouchable. With everything we heard about “sacred cows” and “third rails,” it would Continue reading
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News Round-Up: Sacred Cows
In housing news this week, we found encouraging signs that the conventional wisdom about housing policy might be changing, and continued concern that not enough is being done to end poverty and suffering in our nation. CQ covers a new wrinkle in the tax debate raging in Washington: Willingness to let go of sacred cows. Continue reading
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News Round-Up: No New Funding
In Massachusetts, state lawmakers and social service organizations are working to improve services available to victims of domestic violence. According to this story, incidences of domestic violence are on the rise in the U.S., with 1.03 million incidents reported in 1998, and 7 million reported in 2010. While better, more coordinated services are planned, shelter Continue reading
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Talk of the Town: What our leaders need to hear.
From DC to LA, people have been talking about housing problems all week. On Tuesday, the U.S. Census Bureau announced that in 2010, median household income declined and the nation’s poverty rate increased 14.3%. In 2010, there were 46.2 million people in poverty, making 2010’s figures the fourth consecutive increase and the largest number in Continue reading