Dewar and Deng receive a grant from U-M Poverty Solutions to study the Low-Income Housing Tax Credits Projects in Detroit
A project by Professor of Urban and Regional Planning Margaret Dewar and Associate Professor of Urban and Regional Planning Lan Deng was chosen as one of the first investments in the University of Michigan’s new Poverty Solutions initiative. Poverty Solutions is a new “interdisciplinary initiative that aims to become a leader in informing, identifying and testing new strategies for the prevention and alleviation of poverty in Michigan, the nation and the world.”
Deng and Dewar’s project looks the Low-Income Housing Tax Credit (LIHTC) program in Detroit. They have partnered with “Detroit Low-Income Housing Tax Credit task force to explore the financing and ownership to preserve decent affordable housing after 15 years of operation (when many investors sell their ownership).”
Read more about the Poverty Solutions initiative at http://poverty.umich.edu/.