Recent reports indicate that the Texas housing market is oversupplied, with Dallas experiencing a 39% surplus. However, we need to keep in mind that this surplus does not include affordable housing. We need to know all sides of a story to truly understand what is going on with the market. The Child Poverty Action Lab (CPAL) published a Rental Housing Needs Assessment which sheds light on our affordable housing shortage. The report shows that Dallas still faces a shortage of 33,660 affordable rental units for lower income households making 50% of the Area Median Income (AMI) or lower with a growing shortage predicted through 2030. Learn more: https://lnkd.in/gzyiGzrK Partner with us: https://lnkd.in/gtmhkeyy
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HUD provides housing support to families through programs such as public housing, housing choice vouchers, and project-based vouchers. Two recent reports examine outcomes for families exiting HUD-assisted housing to better understand factors that influence positive outcomes. In the Housing and Urban Development Health, Economic, and Residential Stability Study, researchers examined the factors leading up to HUD exits and the outcomes associated with those exits, finding that the chances of positive outcomes increase if exits are meaningfully supported. In the Examining the Housing and Neighborhood Trajectories for Former HUD-Assisted Households With Children report, researchers found that housing choice vouchers are relatively successful at limiting residents' exposure to areas of extreme poverty. Read more on HUD User’s #PDREdge: https://lnkd.in/eGAT_2q8
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Why is Affordable Housing Month Important to Chloe's House? It is important to us because we believe everyone deserves a home to live in. Housing is the key to reduce homelessness and poverty. Research shows that having access to affordable housing is the most effective strategy for limiting children and adults in poverty. Not having a stable home can affect communities, harming people's physical and mental health, it limits education and limits people from access to getting jobs. Affordable housing overall helps the economy and environment we live in!
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ℹ️ Economic security is about more than living above the poverty line. Across Greater Houston, over one million households grapple with financial instability. While about 306,000 live below the Federal Poverty Level (FPL), the ALICE data paints a fuller picture. ALICE, or Asset Limited, Income Constrained, Employed, sheds light on those who work hard full-time but struggling to afford basic necessities. 📊 In 2021, 31% of households in Fort Bend, Harris, and Montgomery counties experienced ALICE. These individuals and families earn above the FPL but still can't afford essentials. For example, a single adult in Harris County needed $32,328 annually to cover basics, compared to the FPL of $14,583. 🏠 Housing and transportation costs weigh heavily on ALICE households. More than one in two renters spend half their income on rent in Harris County, and disparities by race, ethnicity, age, and household composition further highlight challenges faced by different groups. 🔍 Explore the ALICE Survival Budget calculator to understand the realities faced by households in our community. Together, let's raise awareness and support those working hard but still struggling. Learn more at https://lnkd.in/gYqZZbfj #ALICE #EconomicSecurity #HoustonCommunity To learn more about financial hardship in Houston visit: https://lnkd.in/gWX2M9xC
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According to PBS SoCal, the poverty rate in Los Angeles County grew from 8% in 1969 to 14% by 1987, nearly doubling in under 20 years. At the same time, property values continued to grow and unemployment rates rose: unemployment for all L.A. city residents grew from 6.8% to 8.4% during the 1980s, as reported by The Washington Post. This created immense housing instability for vulnerable communities, such as the elderly. Without legal support, older Americans easily fell victim to schemes from greedy landlords who sought to displace them from their longtime homes. Two main focuses of Bet Tzedek’s work in the 1980s, as we reached and exceeded 10 years of service, included supporting tenants and assisting seniors by providing #FREE legal help. This was our way of helping to combat some of the injustices of the decade. Today, we still fight to protect these two important communities: https://lnkd.in/gm6d-6_K #50YearsOfJusticeForAll
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We're kicking off Day 2 of Housing 2024 with a talk on the impact of furniture poverty. Furniture poverty - which affects 6 million people nationwide - has a massive impact on the physical and mental wellbeing of tenants. We look forward to hearing more about the barriers faced by housing providers in tackling this issue and how we can all work to find solutions. #Housing2024
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Calgary’s housing crisis is escalating, with overcrowded homes and rising living costs pushing more families into poverty. Discover how the community is taking action and why affordable housing solutions and access to basic needs are more urgent than ever. Read our latest blog to learn how we can work together to address these challenges.https://buff.ly/4f9wP7s #EnoughForAll #HousingCrisisYYC #EndPovertyYYC
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Over the next month, we will be taking a closer look at the “Housing First” philosophy, endorsed and promoted by the U.S. Department of Housing and Urban Development for use by housing and homelessness programs nation-wide. 🏠 This service model is flexible and evidence-based, focusing on getting families into housing as quickly as possible while offering voluntary supportive services. 🎯 Housing First has been proven to successfully promote housing stability, improve health outcomes, and reduce the use of high-cost services. Follow along this four part series as we explore this model, what the research says, and how to integrate Housing First practices into housing programs!
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Did you know that safe, stable housing is a key factor in lifting children out of poverty? Hear from experts in early childhood development, health, and education, including ZERO TO THREE's Mollyrose Schaffner, on May 22, 2024, from 3 - 4 PM ET, as they discuss the urgent need for quality housing for families with low incomes. https://lnkd.in/gKiy_VXq
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❓Did you know❓ that the lack of affordable housing costs the American economy about $2 trillion a year in lower wages and productivity????? But how exactly does affordable housing in our communities benefit our economy? Here are five ways affordable housing benefits communities ⬇️ 1️⃣. More money spent locally 2️⃣. Fewer evictions 3️⃣: Healthier populations 4️⃣: More job opportunities 5️⃣: Investing in Children It is estimated that for every dollar spent on reducing childhood poverty, the country would save at least $7 with respect to the economic costs of poverty. Ensuring that Bay Area individuals and families have access to safe, quality, and affordable housing is central to our Housing Justice Initiative at UWBA. If we want the communities across our region to thrive, we must provide solid opportunities for our neighbors to live within them, and to do so in a manner that is healthy and with dignity. Visit https://okt.to/tmZVIk to read more about how affordable housing in our communities benefits our economy! #TheWorkUWBA #HousingJustice
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Housing is not a privilege; it is a fundamental need for every individual. Access to safe and adequate housing is essential for physical health, mental well-being, and overall quality of life. It provides stability, security, and a sense of belonging. Without adequate housing, people are more vulnerable to poverty, homelessness, and various social inequalities. Recognizing housing as a basic human right ensures that everyone has the opportunity to live with dignity and security. Governments, communities, and organizations must work together to ensure affordable and accessible housing for all, regardless of socio-economic status, race, or background.
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1moThanks for sharing this information. I am interested in providing housing to Section 8 voucher holders. I’ve been fortunate to have excellent Section 8 tenants, which has inspired me to continue supporting the program. However, I’m unsure about the next steps and would appreciate guidance on purchasing properties in specific zip codes where housing is needed. I am fully on board and eager to contribute but need direction from your team to proceed. Thank you for your time and support. I look forward to hearing from you. CC Troy Broussard 🙏