Low-Income Housing Tax Credit

Development of Ghost Cities To increase GDP growth several cities in China have been constructed, which are now home to very few inhabitants and are therefore called Ghost Cities. After having constructed the city it turned out that only a few people were willing to live in the new city others stayed away or couldn’t afford an apartment. Often prices are too high for the Chinese citizens willing to live there. This inefficiency is a serious problem. A substantial part of the lower class…

urban community in the southeastern United States. 68 percent of the students that go to this high school receive free or reduced lunch. With majority of the students receiving free and reduce lunch would suggest that the community is made up of low-income families and the unemployment rate is high. Many students come from single parent families and sometimes themselves have to take on the burden of helping with raising younger siblings and working themselves to provide for the household. This…

Unemployment Definition Unemployment refers to the situation whereby individuals want to work however are unable to secure employment, therefore resulting in the underutilization of an economy’s labour supplies. Measurement Unemployment is measured monthly and is calculated by: Labour force participation rate refers to the percentage of the population aged 15 and over in the labour force that is employed or unemployed and is calculated by: Current statistics and Trends Australia began…

significant more pressure on food, infrastructure, education, energy resources, housing, and incomes. Every person will have to compete for the same amount of resources available. This will restrict economic and social development, and each person’s standard of living will be impacted. In the case study it discusses that the “iron rice bowl’ had to decrease since it provided the benefits of life time employment housing, education and a multitude of other benefits. The country is no longer able…

though intentional segregation is not seen present day, people of that same race and ethnicity often tend to live in the same neighborhoods. The difference in home values stems from the 1934 National Housing Act, which selectively denied services to black neighborhoods and therefore created massive credit risks for the homeowners. The effects of this still weigh on many neighborhoods…

hunger, Jewish Family & Community Services (JFCS), runs a food pantry that caters to the needs of over 8,600 people in five counties. JFCS annually serves about 77,000 meals to low-income adults and families who struggle with hunger. In addition, the JFCS provides referrals to other community programs than can provide housing, clothes, childcare and health care, among other things (Cravey, 2015). While 77,000 meals sounds like a lot, it’s not enough to satisfy the needs of the community. There…

enforced or just encouraged? Historically, conservatives have favored the former, while liberals have sided with less paternalistic methods. In contrast, some of our European peers have chosen different routes with social benefits like a universal basic income or other forms of entitlement. Nonetheless, what the US and other western countries have in common is that they realize that people often need additional resources in order to work and stay…

The Great Recession began in December of 2007 and continued through 2010. This all began with the bursting of the housing bubble. The resulting loss of wealth led to sharp cutbacks in consumer spending. This loss of consumption, along with the financial market chaos triggered by the bursting of the bubble, also led to a collapse in business investments. As consumer spending and business investments dried up, massive job loss followed. In 2008 and 2009, the U.S. labor market lost millions of…

This is 2014 and the social exclusion of the populace has intensified to such a degree that it can no longer be ignored. The aim of this essay is to therefore discuss the role of the social worker in tackling this growing issue in Wales. In order to come to a valid conclusion I will begin by looking into the definitions of some of the key terms used such as social exclusion, discrimination and oppression as these concepts are linked when discussing social exclusion. I will then move on to…

INEQUALITY AND ITS CAUSE AND EFFECTS What is income inequality? It refers to unequal distributions of income. Close to 1 billion people live on less than 1 dollar per day at purchasing power parity and around 2.7 billion (40 percent of world populations) live on less than 2 dollar per day Income inequality is of major concern because it leads to economic inefficiency. This is mostly due to the fact that at higher levels of inequality, smaller fraction of population qualifies for a loan or…