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Investable Tax Credits:The Case of the Low Income Housing Tax Credit
Investment Governing Rules Regulations and Reforms Taxation
2015/4/22
The Low Income Housing Tax Credit (LIHTC) represents a novel tax expenditure program that employs "investable" tax credits to spur production of low-income rental housing. While it has grown into the ...
Financing Growth without Banks: Korean Housing Repo Contract
Korean Housing Repo Contract Banks
2014/3/18
Imperfect financial intermediation is a key bottleneck in economic
development. Korea’s unique Jeonse or housing repo contract channels funds directly from tenant/lenders to landlord/entreprene...