This Terwilliger Foundation report reveals the striking imbalance of current federal housing assistance, where most of the benefits accrue to higher income households. It notes that the median income of homeowner households ($68,797) is more than double the median income of renter households ($33,784), but renters receive none of benefits of mortgage-related tax expenditures and most of these expenditures go to higher income homeowners.
To evaluate whether those changes had their intended effect, New Jersey Future compared affordable housing projects that received federal Low-Income Housing Tax Credits (LIHTC) between 2005 and 2012 with projects that received credits between 2013 and 2015, after the New Jersey Housing and Mortgage Finance Agency (NJHMFA), which administers the tax credits, made significant changes to the criteria it uses to award them.
For more than 15 years, Boston Housing Authority (BHA) has executed efforts to improve residents’ health through changes in environment and behavior. One of these initiatives was the Boston Residential Investigation on Green and Healthy Transitions (BRIGHT) study, a collaborative effort with the Harvard T.H. Chan School of Public Health and the Committee for Boston Public Housing to measure the impact of healthy housing features and practices on resident health, satisfaction, and comfort. The study compared the health of residents living in the old housing with residents’ health in new units with healthy housing features and practices. The redeveloped housing included smoke-free housing policies, improved ventilation, and tight building envelopes.
As federal tax reform looms, there is growing uncertainty surrounding the future of LIHTC. In contemplation of debate about these possible changes, this NYU Furman Center brief explores what we know about who LIHTC serves and what research has shown about the impact of the program.
This Enterprise report finds that small and medium multifamily housing -- properties with between two and 49 units -- provides 54 percent of the U.S.’s rental housing stock, which means that its preservation and expansion is a critical part of ending housing insecurity.
The Gap: A Shortage of Affordable Homes highlights the critical housing needs of the nation’s lowest income households. More than 11.4 million extremely low income renter households in the U.S, whose income is no greater than 30% of their area median income (AMI) or the poverty guideline, face a shortage of 7.4 million affordable and available rental homes. Nationally, only 35 affordable homes are available for every 100 ELI renter households. A shortage exists in every state and major metropolitan area.
This report examines strategies used by local governments to address rising housing costs and displacement of low-income households in gentrifying neighborhoods. To assist tenants at risk of displacement, the report details strategies to regulate the landlord/tenant relationship well as strategies to provide assistance for households that move.
This research note expands on the Paycheck to Paycheck 2016 analysis and explores the context in which these salaries are being earned by examining household spending on a variety of items. Households must balance their spending on housing with their spending on other key household needs, such as transportation and healthcare. The lowest income households face the greatest challenges in balancing these competing needs.
This HUD case study shows how San Francisco successfully utilized inclusionary zoning policies that ushered in more affordable housing options for its residents.