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作者

Wadjidou Boukari;Fenjie Long

来源

CITIES,Vol.120,Issue1,Article 103398

语言

英文

关键字

Housing construction;Developer;Budget constraint;Government intervention;TIF

作者单位

West Mainly Building (floor N0.406), Tsinghua University, School of Civil Engineering, Department of Construction management, Haidian district 100084, Beijing, China;West Mainly Building (floor N0.406), Tsinghua University, School of Civil Engineering, Department of Construction management, Haidian district 100084, Beijing, China

摘要

Scholars and practitioners are paying close attention to affordable housing. Even in the absence of a broad comment on the financial constraints that developers face in providing affordable housing, almost all authors agree on the importance of government subsidies. A review of recent literature reveals that cities have used Tax Increment Financing (TIF) to engage residents in affordability. Nonetheless, this policy mentions housing developers without elaborating on their benefits. This paper fills that void by investigating developer profits as a result of TIF policies. The findings show that the Benin government implemented a TIF policy in 2008 to alleviate construction budget constraints, allowing residents to live in low-cost housing.