The Urban Institute released a short, animated film, “One in Four: America’s Housing Assistance Lottery,” highlighting the need for more federal housing assistance. The film notes that only one in four income-eligible households obtain federal rental assistance, leaving many low income families stuck on multi-year waiting lists for housing.
The video describes the consequences of inadequate affordable housing. With rents growing and renter incomes stagnating, 8.5 million renter households are severely cost burdened, paying more than half of their income toward rent and utilities, living with substandard housing conditions, or both. Severely cost burdened households are not able to save for the future and often must cut back on necessities such as food or healthcare.
Conversely, reducing the housing cost burden of low income families by providing additional rental assistance can yield a chain of positive effects, including improved education and health outcomes. Expanding housing assistance is an important step toward reducing inequality in the United States.
View “One in Four: America’s Housing Assistance Lottery” at: http://urbn.is/1kKvPbQ