You are hereBlogs / News's blog / The Affordable Housing Crisis - New York Times

The Affordable Housing Crisis - New York Times


By News - Posted on 06 December 2012

Printer-friendly versionSend by email

The precious few federal programs that provide rental assistance to the nation’s poorest and most vulnerable families are already underfinanced. These programs provide decent housing for about only a quarter of the low-income families who qualify for them. And with nearly nine million households teetering on the verge of homelessness, the country clearly needs more support for affordable housing, not less.

The main federal programs are traditional public housing, for which the government provides operating expenses, plus two different programs under Section 8 of the housing law, in which rents are subsidized in privately owned properties. Federal housing programs provide a lifeline for about five million low-income households that would otherwise be unable to afford livable housing at all.

Read entire piece at New York Times.

Syndicate

Syndicate content