Econ multiple-choice questions

many accounting audits of the program to ensure that the money all goes to build more affordable housing units

more and more affordable housing units annually under this federal program.

a greater proportion of affordable apartments in mostly higher income areas, like the Northern Dallas suburb of McKinney.

substantial financial benefits for the real estate investors that supply and build new, affordable units

Does not allow rents to increase for the next five years.

Allows rent to increase by 5 percent annually plus the rate of inflation.

is the most difficult type of housing policy for politicians to support

will result in a surplus of affordable housing over time

an absolute rent ceil price which is fixed below the rental price that would allow landlords to make a fair rate of return on their investment in rental housing.

an overall loss in consumer surplus.

 an increase in producer's surplus

a substantial increase in the number affordable rental housing units.

rent control provides local tenants with predictable, stable rents and this policy does not require an unpopular tax increase or a budget cut in a competing local government program.

of the growing popular support for nation-wide rent control legislation.

Landlords are already wealthy and will not mind new restrictions on rent increases

rent control results in an overall increase in amount of affordable housing available to the lowest income families in a local jurisdiction.

a more targeted form of Section 8 federal housing vouchers

is designed to work just like the Affordable Housing Tax Credit Program

an extreme form of absolute rent control

failing the 2.2 million who will never get out of low opportunity neighborhoods

has steadily increased the number of low-income units built in every year which is why its program funding has increased.

has significantly reduced housing segregation along the fault-lines of race and income.

has produced fewer units than it did 20 years ago, even though it's costing taxpayers 66 percent more in tax credits.

has been praised for government oversight that has steadily cut the cost of providing more low-income housing to the poorest families.

they will not take Section 8 tenants

there are too many accounting audits that make these developments unprofitable

the housing units are not being built in high opportunity areas

None of the units built provide housing in low-income, low opportunity areas where they are needed.

provide more mixed-use zoning for higher density affordable apartments in highly income-segregated cities.

restrict the use of local zoning to stop the building of more Multi-Family Dwelling units that use the Affordable Housing Tax Credit Program.

Ban zoning for Single Family Dwelling in the entire state.

relax regulations to promote the building of more Single Family Dwelling Units in California.

will remain the same because the quantity supplied of rental units will not change under rent control as shown in the graph

will remain the same because area E is a loss in producer surplus that cancels out the gain in consumer surplus

will increase by area E minus area B which will net an overall increase in consumer surplus.

will increase by area B + area C + area E

there will be a shortage of 200,000 apartments.

there will be no change in the quantity of apartments supplied, but the rents will be less.

there will be a surplus of 100,000 apartments.

there will be a shortage of 100,000 apartments.

The landlord receives a monthly rent that is below the market-clearing equilibrium in the city’s housing market for a Section 8 unit.

It allows choice and increases the demand curve in terms of supply and demand.

It lowers the rate of return to investment in apartments projects that received LIHTC tax credits.

It has a direct impact on the supply curve of low-income apartment units.

According to the Frontline documentary, the "Low Income Housing Tax Credit Program" provides:

California's newly implemented statewide rent control legislation:

The "Standard Model" of rent control is characterized by:

While there could be an overall loss in social welfare (socially efficiency) caused by rent control, a local public official could be in favor of rent control because:

Creating moves to high opportunity areas (CMTO) is:

The Low-Income Housing Tax Credit (LIHTC) Program:

One substantial problem with the Low Income Housing Tax Credit (LIHTC) Program is that

With the passage of the State of California budget for 2019-2020, the legislature included a provision for the State to sue cities with high levels of housing segregation. This measure would have the following effect:

In graph above, if rent control is set at $1000 per month then consumer surplus:

In the graph above showing the imposition of rent control 

The Housing Choice Voucher Program (Section 8) has what direct impact on the market for affordable, privately-owned apartments in a local municipality?