6 Emerging Ways Cities Can Solve the Affordable Housing Crisis

Demand for affordable housing is high, but supply is down in many U.S. cities. More than 11 million renters and 8 million homeowners spend more than half their income on housing; this results in extreme cost burdens and jeopardizes individual health, according to a Salud America! research review. “A lack of federal action and cash-strapped state and local budgets have contributed to the affordable housing crisis,” writes Teresa Wiltz for Pew Trusts. “Citizens are showing up at town halls and city council meetings demanding action.” Cities must find a way to boost affordable housing, but how can they make a difference? Here are six solutions to help improve affordable housing: 1. Create Affordable Housing Trusts. Housing trust funds are established, ongoing, and ...
Read More