CDBG Appropriations 22% of Peak $14,000 CDBG Appropriations (Millions of 2013 $) $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 1975 1980 1985 1990 1995 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2000 2005 2010 Brett Theodos – Urban Institute HOME Appropriations 40% of Peak $3,000 HOME Apprpriations (Millions of 2013 $) $2,500 $2,000 $1,500 $1,000 $500 $0 1992 1995 1998 2001 2004 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2007 2010 2013 Brett Theodos – Urban Institute HOPE VI & Choice Neighborhood Initiative Appropriations (Millions of 2013 $) HOPE VI/Choice Neighborhoods Appropriations 10% of Peak $1.4 $1.2 $1.0 $0.8 $0.6 $0.4 $0.2 $0.0 1993 1996 1999 2002 2005 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2008 2011 Brett Theodos – Urban Institute Historic Tax Credit Spending Near All‐time High $1,400 Est. HTC Expenditures (Millions of 2013 $) $1,200 $1,000 $800 $600 $400 $200 $0 1978 1982 1986 1990 1994 1998 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2002 2006 2010 Brett Theodos – Urban Institute Low Income Housing Tax Credit Spending Fairly Steady $1,000 $900 Est. LIHTC Expenditures (Millions of 2013 $) $800 $700 $600 $500 $400 $300 $200 $100 $0 1992 1995 1998 2001 2004 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2007 2010 2013 Brett Theodos – Urban Institute New Markets Tax Credit Spending Remains Strong $2,500 Est. NMTC Expenditures (Millions of 2013 $) $2,000 $1,500 $1,000 $500 $0 2001 2004 2007 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2010 2013 Brett Theodos – Urban Institute 50+ Years of Community & Economic Dev. Spending: A look at 10 major programs Spending on 10 major community and economic development programs (Millions of 2013 $) $16,000 $14,000 UDAG $12,000 HOME $10,000 $8,000 HOPE VI/ Choice N’hood Model Cities $6,000 $4,000 CDBG Urban Renewal $0 1960 HTC LIHTC EZ/EC $2,000 1970 NMTC 1980 1990 50 Years into LBJ’s “War on Poverty”: What’s the Role for Tax Policy? 2000 2010 Brett Theodos – Urban Institute
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