Browsing by Author "Shanholtz, Spencer A."
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- Do Qualified Allocation Plans Influence Developers' LIHTC Siting Decisions: The Case of Access to High-Performing SchoolsShanholtz, Spencer A. (Virginia Tech, 2016-12-19)The study analyzed variation among low income housing tax credit (LIHTC) allocation policies as outlined in state qualified action plans (QAP) and their impacts on the siting patterns of LIHTC properties in proximity to high performing schools. The study was performed nationwide across 37 states and controlled for factors relevant to the development location decision using census-based population characteristics and LIHTC property attributes. The purpose was to determine the effectiveness of LIHTC QAP allocation policies in motivating developers to site their developments near high-performing schools. QAPs typically use points when awarding tax credits competitively, and this study focused on points awarded for (1) access to high quality schools, (2) access to any schools, and (3) location in areas with attributes expected to correlate strongly with high quality schools. Multi-level linear modeling estimated that points for access to any schools had a significant and positive effect on location in a high performing school's catchment area, but other allocation policy variables had no significant effects. The findings inform readers about the ability of current allocation policy to influence developer actions, and discussion centers on policy recommendations and the need for further research.
- Mobile and Manufactured Homes In Central Appalachia and Alabama: Age, Condition and Need for ReplacementJones, Mel; Koebel, C. Theodore; McCoy, Andrew P.; Shanholtz, Spencer A.; Moeller, Julia (Virginia Center for Housing Research, 2016-09)This study provides a comprehensive snapshot of mobile and manufactured housing in Central Appalachia and Alabama and identifies the most pressing needs of residents in the region. Local housing partners plan to build on the findings of the report and develop policy recommendations to address the issues revealed in the study, in particular the cost burden of families living in manufactured housing. These recommendations will focus on shaping a federal manufactured housing replacement bill and strengthening ENERGY STAR programs, including advocating for the reinstatement of the Tennessee Valley Authority incentive program, supporting Duty to Serve credit, improving state housing financial agency lending programs and a supporting federal tax credit for home manufacturers.
- Virginia Beach Housing Needs Assessment, Market Analysis, and Re-Investment StudyJones, Mel; McCoy, Andrew P.; Koebel, C. Theodore; Shanholtz, Spencer A.; Berryman, Alex; Buki, Charles; Beck-Pooley, Karen (Virginia Center for Housing Research, 2016)After decades of growth, the City of Virginia Beach is not as desirable to the wider market as it has been historically, and the housing market faces serious challenges, due in part to two major demographic and economic shifts. First, the millennial generation has surpassed baby boomers as the nation’s largest living generation (Fry, 2016). As millennials get older, they are becoming the nation’s largest market segment and their preferences are beginning to make a substantial difference in the housing market.