Community Land Trusts - Equitable Development Toolkit
Overview
This alternative property ownership model encourages permanent affordability and wealth-building. (2004)
This alternative property ownership model encourages permanent affordability and wealth-building. (2004)
How to implement TOD -- compact, mixed-use, pedestrian-oriented communities located around new or existing public transit stations -- in a way that achieves equity goals. (2008)
In recent years a national discussion has been underway about the causes and effects of growing inequality, but one cause that has received little attention is the role of the U.S. tax code. The individual tax code contains more than $1 trillion in tax subsidies known to policymakers and economists as tax expenditures because, like spending programs, they provide financial assistance to support specific activities or groups of people. Of these subsidies, more than half a trillion, $540 billion, support some form of savings or investment (e.g., higher education, retirement, homeownership).
In theory, tax code–based public subsidies should help all families save and invest, but instead, wealthier households receive most of the benefits. In fact, a recent analysis of the largest wealth- building tax subsidies found that the top 1 percent of households received more benefits from these tax code–based subsidies than the bottom 80 percent combined.
The new brief answers key questions about tax expenditures: What are they, how do they work, and who benefits? In addition, since the Internal Revenue Service (IRS) does not collect tax data by race, the primer uses data related to the distribution of benefits by income quintiles and the demographics of each quintile to provide a rough approximation of how different racial and ethnic groups do or do not benefit from the different categories of tax expenditures.
Houston-Galveston is characterized by overall economic strength and resilience, but wide racial gaps in income, health, and opportunity coupled with declining wages, a shrinking middle class, and rising inequality place the region’s economic success and future at risk. Our analysis showed the region already stands to gain a great deal from addressing racial inequities. If racial gaps in income had been closed in 2012, the regional economy would have been $243.3 billion stronger: a 54 percent increase. You can also download the summary and addendum.
Find other equity profiles here.
Ensures that healthy local businesses owned by people of color are a basic component of strong, sustainable communities. (2004)
Ordinances that ensure the employees of public contractors, private contractors receiving public sector funding, and public employees are paid wages at pace with regional cost of living measures. (2004)
Implement these laws to protect renters against being unfairly evicted by landlords who want to capitalize on the explosive rental and housing markets. (2004)
Land use regulation mandating a percentage (usually 15-20%) of the housing units in all larger projects be affordable to people of low and moderate incomes. (2003)
Delves into issues of race and place and what they mean in the context of building healthy communities--dynamic groups and initiatives are featured to illuminate action at the intersection of health, place, and race.
This issue brief describes the economic and community benefits of ensuring every family can live in an affordable home.
Find other equity briefs here.