The new administration and Congress should make additional investments in federal rental assistance programs and affordable rental supply a priority.
Policymakers have an opportunity to forge an enduring bipartisan consensus on affordable rental housing. There is more agreement between the two political parties than one might think. The question is whether lawmakers can find the political will to devote to the effort and the resources to make significant progress.
In a world of limited public funding, how can the United States substantially increase the number of households benefiting from stable, affordable housing?
Despite existing budgetary constraints, the paper explores how it may be possible to substantially increase the number of households benefitting from stable, affordable housing.
If you doubt our country suffers from a severe shortage of affordable rental housing, consider this number: 4.9 million. That is the difference between the 11.8 million renters with extremely low incomes (at or below 30% of the area median)…