Sadewo, Hasna Mutia (2023) Institutional Grammar, Requirements, and Monitoring for Low-Income Housing Program: A Comparative Study of Indonesia’s FLPP and California’s LIHTC. Master thesis.
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Abstract
This research presents a comparative qualitative study of low-income housing programs, comparing Indonesia’s Facility of Liquidity for Housing Financing Program (FLPP) with California’s Low Income Housing Tax Credit (LIHTC). The research examines the influence of policy design including requirements and monitoring on location and quality of low-income housing as a gap in the existing literature by employing policy document design and content analysis. In terms of the process structure, FLPP is considered more susceptible to principal-agent problems, such as inefficient and poor delivery of projects, than LIHTC. The application of the institutional grammar tool reveals that LIHTC’s policy documents are better balanced and feature more restrictive statements compared to FLPP’s. As expected, FLPP’s location and quality requirements lack specificity, frequently referring to general polices, and its monitoring system is less rigorous than LIHTC’s. Despite LIHTC’s higher complexity and cost, its robust requirements and montiroing offer valuable insights for enhancing FLPP’s effectiveness in addressing location and quality challenges. This study reveals that well-designed policies are less likely to suffer from inadequate low-income housing location and quality of low-income, highlighting the significance of policy deisgn in resolving these issues. Thus, the research emphasizes the importance of paying attention to policy design when tackling low-income housing location and quality concerns.
| Item Type: | Thesis (Master) |
|---|---|
| Degree programme: | Real Estate Studies |
| Supervisor: | Mawhorter, S.L. |
| Date Deposited: | 07 Sep 2023 06:30 |
| Last Modified: | 07 Sep 2023 06:30 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4375 |
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