The St Louis Contrarian

Providing Independent and Intelligent Insight on St. Louis Public Policy Issues

Low Income Housing Tax Credits

The State of Missouri has Re instituted state affordable housing tax credits. These credits had been suspended by the Greitens administration. These credits are an important source of funding for affordable housing and replacing them is good. The credits like with many things in Missouri is fraught with politics which override good housing policy. Affordable housing tax credits are the only construction game in town for affordable housing. They are inefficient and ineffective but do house lower income people. A guaranteed annual income would benefit far more low income people. Written by Paul Dribin

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