Review and evaluate public housing in the United States

The goal is to have a better understanding of affordable housing policy and the policy making process. Although it is OK to present your personal opinions in the discussion, please focus on the facts. Please carefully cite your sources properly and report how you have addressed the comments from reviewers.
Areas: You will review various aspects of the policy and synthesize information in FOUR key areas: 1. the historical origin and evolution of the policy; 2. policy objectives and targets; 3. interest groups in the policy debate and their respective positions; 4. policy impacts and effectiveness.

Objectives: There are SIX objectives to this assignment: 1. understand the process of policymaking; 2. delve into one specific policy piece and demonstrate your comprehensive knowledge of the policy and program; 3. synthesize the alternative views about the policy, at least one of which should be from economists; 4. appraise the policy and program based on available information; 5. explore other information sources that are available for housing policy; 6. conduct peer reviews and to communicate findings in a clear, concise, and logical manner.
Here are the questions (you are not limited to addressing these questions):

Please identify issue emergence. When was the program conceived? When did it start? In which legislation was the program created?
What were the original goals and targeted population? What problems was it intended to address? What is the level of subsidy and how is the subsidy distributed? How does the policy work?
Please give a brief history of the program. Who are the participants and stake holders?
What is the type of housing policy? Is it based on financial incentives, mandatory rules of conduct, private sector self-regulation or information?
If the housing policy is a type of financial subsidy, is it demand-side or supply-side subsidy? Is it a shallow or deep subsidy?
Please identify major interest groups involved in the policy debate. What are their relative positions? Briefly discuss the political conflicts among these interest groups.
We have discussed the objectives of U.S. affordable housing policy and programs. Which objectives is the policy trying to meet?
What is the role of research? Has research finding affected policy decisions?
Based on the available information, please evaluate the program.
How successful is the program? How effective is it at achieving the original goals? Is it cost-effective? Is there a better way to support the housing needs? Please be specific in your answer.
What is the current status of the program? How is it funded? What are the possible futures in time of budget constraint?
What would be the views of the two economists about this policy? Would they be in favor of the program? Why or why not? What about the positions of housing construction industry, real estate service industry and other non-profit organizations?
These questions are to help you organize your report. You are expected to address the vast majority of them in your work.

To improve the readability, please separate your report into sections and have section titles. Sections may include introduction, history, policy objectives, policy targets, interest group conflicts, policy effectiveness, and conclusions.


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