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Reduce poverty by improving housing stability | Urban Institute

                                               
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  • How do federal agencies support affordable rental housing?
  • To support affordable rental housing, federal agencies administer more than a dozen different programs that provide rental assistance payments, grants, loan guarantees, and tax incentives—such as the Department of Housing and Urban Development’s (HUD) Housing Choice Voucher.
  • How can communities improve housing stability in the long-term?
  • Through such partnerships, communities can better support households to maintain housing stability in the long-term, providing a platform from which households can address their challenges, stabilize their families, pursue economic mobility, and achieve their goals.
  • What is HUD's self-help homeownership Opportunity Program?
  • HUD has multiple programs that aim to increase the supply of affordable housing. One of these is the Self-Help Homeownership Opportunity Program (SHOP). The SHOP program provides grants to nonprofits to help develop affordable housing units for low-income buyers.
  • How can the affordable housing movement be sustainable?
  • To make the affordable housing movement sustainable, there is a need to promote the UN-honored concept of “housing rights”, where adequate housing is considered a basic human right and is be protected not only by governmental measures but also laws (UN-HCHR, 2009).
  • What is the impact of stable housing on children and youth?
  • For instance, the impact of stable housing on children and youth is Generally, housing is “affordable” if it costs less than 30% of the resident household’s income; for example, for a household with $2,000 of monthly income, a unit is affordable if the cost is $600 or less.
  • Why is stable housing important?
  • Educational outcomes for children are also improved with housing stability; young people in stable housing are less likely to repeat a grade and less likely to drop out of school. Ultimately, the lack of stable housing has long-lasting effects that can impact health, education, and employment throughout people’s lives and in future generations.