This paper presents analyses of the long-term direct and indirect effects of a number of housing programs implemented in a wide range of metropolitan housing markets. Emphasis is given to changes in the housing situation of lowincome households, but the consequences for other groups and for the condition of the base year housing stock are also considered. The analyses are largely based on simulation results obtained using the Urban Institute housing market model for the 1960-70 period. Hence, the findings contrast the actual 1970 situation with the situation which would have existed had a particular program been in effect during the decade of the 1960s.

Greatest attention is given to the Section 8 Housing Assistance Program. In-depth analysis is also provided of a general capital subsidy for newly constructed dwellings and of the effects on housing of a major welfare reform. The consequences of several other programs are contrasted with those of the programs already noted. These include construction of additional conventional public housing, capital subsidies targeted on newly constructed dwellings providing a moderate level of housing services, a housing allowance, and housing allowances combined with either a targeted capital subsidy for new dwellings or a capital subsidy for rehabilitating existing dwellings.

This report is part of the collection of scanned historical documents available to the public.