RURAL BOOMTOWNS: THE RELATIONSHIP BETWEEN ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING

(c) Housing Assistance Council, 2000

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Footnotes

1 The project was financed by federal Low Income Housing Tax Credits, federal historic preservation tax credits, a grant from the Affordable Housing Program (AHP) of the Federal Home Loan Bank of Des Moines, and a loan from the Deadwood Revolving Loan Fund.

2 The main funding was a $1.3 Million, zero-interest mortgage from the federal HOME block grant administered through the South Dakota Housing Development Authority. Other funding was grants from the Deadwood Historic Preservation Commission, AHP, and the Neighborhood Reinvestment Corporation, a national nonprofit; tax-increment

3 The USDA Economic Research Service defines retirement destination countries as those in which the population aged 60 and above increased at least 15 percent due to immigration from 1970 to 1980 and from 1980 to 1990.

4 U.S. Department of Housing and Urban Development defines "moderate-income" as 80 percent of area median income (AMI), and "very-low-income" as 30 percent of AMI.

5 "Boomtowns and Social Disruption," Rural Sociology 49:2 (Summer 1984), 231.

6 "Rapid Growth Effects on Rural Community Relations," Rural Sociology 54:2 (Summer 1989) 199.

7 "Community Satisfaction and Social Integration in a Boomtown: A Longitudinal Analysis," Rural Sociology 54:4 (Winter 1989), 569.

8 Logan, John R. and Harvey Molotch. Urban Fortunes: The Political Economy of Place, 119.

9 Harvard University. Joint Center for Housing Studies. 1998. The State of the Nation's Housing, 3, 20.

10 The authors define exchange value as the value of land and property in creating profits for its owners; use value is the qualitative value that land and property have for the people who live in it, are emotionally attached to it, and conduct their daily round in it.

11 Logan and Molotch. 1987. Urban Fortunes, 123.

12 "Spatial Redistribution of Poverty through Migration of Poor People," Rural Sociology 60:2 (Summer 1995), 189.

13 Parrot, Sharon. 1998. Welfare Recipients Who Find Jobs: What Do We Know About Their Employment and Earnings? Washington, D.C.: Center on Budget and Policy Priorities, 1.

14 Sherman, Arloc et al. 1998. Welfare to What? Early Findings on Family Hardship and Well Being. Washington, D.C.: Children´s Defense Fund, 2.

15 "Boomtowns and Social Disruption," Rural Sociology 49:2 (Summer 1984), 236.

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