Month: July, 2005

Community Preservation Act: a case study in good incentives

29 July, 2005 (10:10) | Uncategorized |

Like many public goods, affordable housing is something we want … but want someone else to pay for.  So the manner by which government raises and spends money for affordable housing programs has a lot to do with how they are received politically, and therefore how much long-term impact they have.  < ?xml:namespace prefix =”" [...]

Outcome versus process

28 July, 2005 (14:01) | Primer Posts |

In any public-private partnership, the government will seek to accomplish certain tangible public policy goals through the imperfect mechanisms of motivating the private sector.  In such a program, the government regulator will be seeking to measure the private partner’s performance, and then to use the resulting measures to incentivizes (reward and punish) the partner’s performance.< [...]

Housing: lobbies and lobbying

27 July, 2005 (09:34) | Uncategorized |

Is affordable housing political?  Are building lobbies just a rallying point for political lobbying?< ?xml:namespace prefix ="" o ns ="" "urn:schemas-microsoft-com:office:office" />
 

Lobby
 

Lobbyist
 
At yesterday’s hearing on tightening regulation of the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, of all the issues that might draw debate — how tightly to regulate the companies’ balance sheets, [...]

GSE regulation: a breath of hot air?

26 July, 2005 (12:41) | Uncategorized |

Winds of change ruffle Congress’s topsails:
 
 
USS Constitution — two hundred years old, still in commission!
Sailing from Boston to Marblehead, July, 1997
 

with the Senate’s introduction of its answer to the House’s proposed GSE legislation:
 
Senate Banking Committee Chairman Richard C. Shelby (R-Ala.) yesterday released legislation that could force mortgage finance companies Fannie Mae and Freddie Mac to [...]

Calling a crime a crime

25 July, 2005 (18:32) | Uncategorized |

The United Nations — or more properly, its urban development arm UN Habitat — has done the world a service by looking crime in the face and calling it a crime:
 
U.N. Slams Zimbabwe on Slum Destruction
 
UNITED NATIONS — Zimbabwe’s destruction of urban slums is a “disastrous venture” that has left 700,000 people without homes [...]